In 2023, the average annual expenditures of households in the United States amounted to about 77,280 U.S. dollars per year. This was an increase from the previous year, reflecting an increase of around six percent between 2022 and 2023.

In 2023, the average consumer unit in the United States spent about 9,985 U.S. dollars on food. Americans spent the most on housing, at 25,436 U.S. dollars, reflecting around one third of annual expenditure. The total average U.S. consumer spending amounted to 77,280 U.S. dollars.

Media and entertainment spending patterns in the United States reveal intriguing age-related disparities. A late-2024 study found that Americans spent an average of 1,399 U.S. dollars annually on digital media and entertainment, a slight decrease from two years prior. Notably, consumers aged 35 to 54 outspent other age groups, allocating 1,610 U.S. dollars per year to digital media consumption. Generational differences in media spending The rise of digital platforms has transformed how different age groups consume media. While 66 percent of the general population spent less than 1,000 U.S. dollars on media and entertainment annually, this figure rose to 77 percent for those aged 55 and older. Interestingly, it is not the youngest age group that was ready to spend more on media subscriptions, services and products, but millennials - their annual expenses were more likely to reach up to five thousand U.S. dollars. This disparity suggests that younger and older generations may be more frugal with their entertainment choices. Consumption follows similar age patterns The spending behavior is a direct result of how different generations consume media. Data on time spent with media types in the United States clearly suggest that millennials favor the more expensive ones - they devote more of their weekly hours to TV connected devices and video on a computer, as well as apps on tablets and internet on a computer. These media are the ones hosting the majority of subscription services - hence the increased spending outcomes. Younger and older generations in this case seem to spend more of their time with free entertainment sources.

The average planned back-to-school spending per household in the United States gradually increased year-on-year, reaching about 890 U.S. dollars in 2023. While this was an increase of over 400 dollars since the beginning of the survey period in 2004, the numbers had begun to fall back down by 2024. That year, U.S. consumers planned to spend an average of 875 U.S. dollars on back-to-school purchases. Spending breakdown In 2024, parents planned to spend the most on electronics or computer-related equipment, with average household spending expected to reach just over 309 U.S. dollars. Although parents relied on several kinds of outlets for back-to-school supplies, the leading location for such items was online. More than half of respondents planned to undertake their shopping there. Department stores stood in second place. Back-to-school vs. back-to-college spending While parents planned to spend hundreds of dollars to send their children back to school, college students and their families were willing to spend even more. In 2024, the average household spend for back-to-college was expected to equal more than 1,300 U.S. dollars.

In 2023, the average annual expenditures of consumer units in the United States totaled to 77,280 U.S. dollars. This is an increase from the previous year, when the average annual expenditures of consumer units totaled to 72,967 U.S. dollars.

The mean annual expenditure on books per consumer unit in the United States was 34.55 U.S. dollars in 2022. This meant a decrease of expenditures on books, even in light of the inclusion of digital books and subscriptions. The figures fluctuated during the given period, yet they were generally in decline since 2007, when the mean expenditure on books through book stores still stood at more than 50 U.S. dollars per year.

Annual average net outlays for vehicle purchases came to above 5,500 U.S. dollars for all U.S. consumers in 2023, ranging between around 1,900 U.S. dollars for those in the lowest income bracket to nearly 14,100 U.S. dollars for consumers in the highest income group.

This statistic represents the average vehicle purchase expenditure by Americans in 2016, with a breakdown by type of expenditure and age of consumer. Americans aged between 25 and 34 spent, on average, 1,906 U.S. dollars on gasoline and motor oil in 2016.

From 2020 to 2022, the average annual household food expenditure in the United States increased by almost 28 percent. The average household expenditure in 2020 was about 7.3 thousand U.S. dollars and has since grown to over 9.3 thousand.

In 2023, the average expenditures in a household led by a Millennial in the United States came to 81,589 U.S. dollars per year. The only generation with higher expenditures were households led by someone from Generation X with around 95,692 U.S. dollars per year.

In 2023, the United States spent around 916.02 billion U.S. dollars on its military. U.S. military spending has been increasing in current dollar terms since 2016. Spending increased dramatically in 2022 after the Russian invasion of Ukraine. After the first year of the war, the U.S. had contributed more than 40 billion euros worth of military aid to Ukraine. What military spending entails Military spending in the United States is the part of the national outlays of the Department of Defense. While the department has over two trillion dollars in budgetary resources, its outlays - money actually paid out - are significantly lower. This budget is designated for the four branches of the United States military, and is used for everything from salaries, trainings, development of new military technologies, and new aircraft and weaponry. The high cost of U.S. spending The United States is well known for spending more on its military than any other country. In 2023, it was estimated that per capita defense spending amounted to 2,220 U.S. dollars. While this figure is extremely high, many Americans may find it worthwhile, as a majority believe the United States to be the number one military power in the world.

In 2023, consumers in the United States spent an average of 2,041 U.S. dollars on apparel and apparel services per year. The consumers who spent the most on clothing were the generation born between 1965 and 1980, known as Generation X.

This timeline depicts the average annual food away-from-home expenditure of United States households from 2010 to 2023. In 2023, the average food away-from-home expenditure of U.S. households amounted to about 3,933 U.S. dollars. In 2020, there was a significant drop, which was likely a result of the COVID-19 pandemic. However, spending has recovered from the lowest point in 2020.

This statistic shows average annual expenditure on jewelry and valuables per consumer unit in the United States from 2018 to 2023, by category. In 2023, the country's average annual expenditure on jewelry amounted to 108.82 U.S. dollars per consumer unit.

The statistic illustrates the average annual expenditure on eggs per consumer unit in the United States in 2023, broken down by region. In that year, households in the Western part of the U.S. had the highest average expenditure with 109 U.S. dollars per consumer unit for that category.

The United States led the ranking of the countries with the highest military spending in 2023, with 916 billion U.S. dollars dedicated to the military. That constituted over 40 percent of the total military spending worldwide that year, which amounted to 2.4 trillion U.S. dollars. This amounted to 3.5 percent of the U.S. gross domestic product (GDP), placing the U.S. lower in the ranking of military expenditure as a percentage of GDP than for instance Saudi Arabia, Israel, Algeria, and Russia. China was the second largest military spender with an estimated 296 billion U.S. dollars spent, with Russia following in third. Defense budgetAccording to the U.S. Congressional Budget Office, the outlays for defense will rise to 1.1 trillion U.S. dollars by 2033. The largest parts of the budget are dedicated to the Departments of the Navy and the Air Force. The budget for the U.S. Air Force for 2024 was nearly 260 billion U.S. dollars.Global military spendingThe value of military spending globally has grown steadily in the past years and reached 2.44 trillion U.S. dollars in 2023. Reasons for this are the outbreak of the Russia-Ukraine war in 2022, the war in Gaza, as well as increasing tensions in the South China Sea. North America is by far the leading region worldwide in terms of expenditure on the military.

The statistic shows the expenditure of affluent households, or the so-called highest 20 percent quintile, in the United States on furniture from 2013 to 2023. In 2023, affluent Americans spent some 1,297 U.S. dollars on average on furniture.

The statistic shows the average annual spend on sports per participant in the United States as of August 2017, by type. Americans spent on average 710 U.S. dollars per person on sporting events in the 12 months prior to August 2017.

The statistic depicts the results of a survey about the average U.S. consumer spending during Christmas season, i.e. in the last 5 weeks of the year from 2008 to 2010, by week. Even though the trend seems to indicate that people spent the most of their money in the first three weeks of December, in 2010 data differs slightly: spending has increased even more over the weeks with Christmas approaching more and more and consumers getting more eager - and maybe a little desperate - to find presents for their loved ones. While the respondents reported to have spent an average of 79 U.S. dollars in the last week of November 2010, they spent an average of 85 U.S. dollars in the 4th week of December in 2010.

This statistic shows the average annual expenditure on household furnishings and equipment per consumer unit in the United States from 2007 to 2023. In 2023, the country's average expenditure on household furnishings and equipment amounted to about 2.5 thousand U.S. dollars per consumer unit, a decrease compared to the previous year.