Vehicle rental, leases, licenses, and other charges Spending
How much American households spend on vehicle rental, leases, licenses, and other charges — 2024 data from the BLS Consumer Expenditure Survey
Spending Insight: Vehicle rental, leases, licenses, and other charges
American households spent an average of $811 on vehicle rental, leases, licenses, and other charges in 2024, representing 1.0% of total consumer expenditures. This marks a notable 10.5% increase from 2023 ($734), outpacing general inflation and suggesting growing consumer prioritization of this category.
Since 2020, vehicle rental, leases, licenses, and other charges spending has risen by 7% (from $758 to $811), broadly tracking with inflation-adjusted cost changes.
Income is the strongest predictor of vehicle rental, leases, licenses, and other charges spending: the top income quintile spends $1,630/year versus $263 for the lowest quintile — a 6.2x gap. Regionally, the Northeast spends the most ($1,142/year) while the South spends the least ($572/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 | $811 |
| 2023 | $734 |
| 2022 | $787 |
| 2021 | $760 |
| 2020 | $758 |
By Income Level (2024)
How vehicle rental, leases, licenses, and other charges spending varies across income quintiles
| Income Group | Annual Amount |
|---|---|
| Lowest 20% | $263 |
| Second 20% | $408 |
| Middle 20% | $664 |
| Fourth 20% | $1,083 |
| Highest 20% | $1,630 |
By Region (2024)
Geographic variation in vehicle rental, leases, licenses, and other charges spending
By Age Group (2024)
How vehicle rental, leases, licenses, and other charges spending changes across the lifecycle
By Household Size (2024)
| Size | Annual |
|---|---|
| 1 Person | $438 |
| 2 People | $971 |
| 3 People | $826 |
| 4 People | $965 |
| 5 or More | $1,354 |
By Housing Tenure (2024)
| Tenure | Annual |
|---|---|
| Homeowner (with mortgage) | $956 |
| Homeowner (no mortgage) | $1,184 |
| Renter | $657 |
Frequently Asked Questions
How much does the average household spend on vehicle rental, leases, licenses, and other charges? ▼
Is vehicle rental, leases, licenses, and other charges spending increasing? ▼
How does income affect vehicle rental, leases, licenses, and other charges spending? ▼
Which region spends the most on vehicle rental, leases, licenses, and other charges? ▼
Which age group spends the most on vehicle rental, leases, licenses, and other charges? ▼
Does household size affect vehicle rental, leases, licenses, and other charges spending? ▼
Spending Guides
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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.
Read our methodology — how this data is sourced, computed, and verified.
