Furniture Spending

How much American households spend on furniture — 2024 data from the BLS Consumer Expenditure Survey

Annual average (2024)
$648
Share of total spending
0.8%
Change vs 2023
+4.7%
Change vs 2020
+21.3%

Spending Insight: Furniture

American households spent an average of $648 on furniture in 2024, representing 0.8% of total consumer expenditures. This marks a notable 4.7% increase from 2023 ($619), outpacing general inflation and suggesting growing consumer prioritization of this category.

Since 2020, furniture spending has risen by 21.3% (from $534 to $648), substantially exceeding cumulative inflation over the same period — a real increase in household burden.

Income is the strongest predictor of furniture spending: the top income quintile spends $1,334/year versus $275 for the lowest quintile — a 4.9x gap. Regionally, the West spends the most ($805/year) while the South spends the least ($556/year). Use the cross-cuts below — by income, region, age, household size, and housing tenure — to see which demographic factors drive this category hardest for your situation.

Spending Trend (2020–2024)

Year Annual Amount
2024 $648
2023 $619
2022 $746
2021 $716
2020 $534

By Income Level (2024)

How furniture spending varies across income quintiles

Income Group Annual Amount
Lowest 20% $275
Second 20% $371
Middle 20% $462
Fourth 20% $795
Highest 20% $1,334

See full income breakdown →

By Region (2024)

Geographic variation in furniture spending

See full regional breakdown →

By Age Group (2024)

How furniture spending changes across the lifecycle

Age Group Annual Amount
25–34 $537
35–44 $752
45–54 $648
55–64 $790
65–74 $650
75 and older $506
Under 25 $435

See full age breakdown →

By Household Size (2024)

Size Annual
1 Person $412
2 People $750
3 People $754
4 People $785
5 or More $786

By Housing Tenure (2024)

Tenure Annual
Homeowner (with mortgage) $777
Homeowner (no mortgage) $889
Renter $628

Frequently Asked Questions

How much does the average household spend on furniture?
The average American household spent $648 on furniture in 2024, according to the BLS Consumer Expenditure Survey. This represents 0.8% of total household spending.
Is furniture spending increasing?
Furniture spending increased by 4.7% from 2023 to 2024 ($619 to $648). Over 5 years (2020–2024), it changed by +21.3%.
How does income affect furniture spending?
The lowest income quintile spends $275/year on furniture, while the highest quintile spends $1,334/year — a 4.9x difference. Higher-income households spend more in absolute terms but may allocate a smaller share of their budget.
Which region spends the most on furniture?
The West region spends the most at $805/year, while the South region spends the least at $556/year on furniture.
Which age group spends the most on furniture?
Households headed by someone in the 55–64 age group spend the most on furniture at $790/year.
Does household size affect furniture spending?
Yes. 1 Person households spend $412/year on furniture, while 5 or More households spend $786/year. Larger households generally spend more in absolute terms on most categories.

Spending Guides

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Browse other major categories from the BLS Consumer Expenditure Survey.

Related Economic Data

Data source: U.S. Bureau of Labor Statistics, Consumer Expenditure Survey (BLS CEX). BLS CEX homepage. Data represents average annual expenditures per consumer unit. 2024 data released 2025. See our methodology for processing details.

Disclaimer: This information is provided for informational purposes only and does not constitute professional advice. Data is sourced from the BLS Consumer Expenditure Survey. Consult a qualified professional before making decisions based on this data.