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Average savings due to COVID-19 in the U.S. 2020, by category

Published by Statista Research Department, Mar 22, 2021
In 2020, households in the United States were able to save on average 5,693 U.S. dollars on major purchases due to the coronavirus (COVID-19) pandemic. This was by far the category where American households saved the most during the pandemic. Vacations and trips followed, with average savings amounting to 1,411 U.S. dollars.

Average savings during the coronavirus (COVID-19) pandemic in the United States in 2020, by expenditure category (in U.S. dollars)

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Sources

Release date

May 2020

Region

United States

Survey time period

April 24 to May 4, 2020

Number of respondents

1,008 respondents

Age group

24 years and older

Method of interview

Online survey

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