In 2021, the average annual expenditure on bicycles in the United States amounted to just over 56 U.S. dollars per consumer unit, representing an increase of around 38 percent on the previous year. When compared to 2019, average expenditure has increased by over 135 percent.
Average annual expenditure on bicycles per consumer unit in the United States from 2007 to 2021
(in U.S. dollars)
Characteristic
Average annual expenditure in U.S. dollars
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A consumer unit consists of any of the following: (1) All members of a particular household who are related by blood, marriage, adoption, or other legal arrangements; (2) a person living alone or sharing a household with others or living as a roomer in a private home or lodging house or in permanent living quarters in a hotel or motel, but who is financially independent; or (3) two or more persons living together who use their incomes to make joint expenditure decisions. Financial independence is determined by spending behavior with regard to the three major expense categories: Housing, food, and other living expenses. To be considered financially independent, the respondent must provide at least two of the three major expenditure categories, either entirely or in part. Data are diary-based. The shown figures are based on unpublished data from the Consumer Expenditure Survey conducted by the Bureau of Labor Statistics. Figures are available upon request. Figures prior to 2017 have been taken from previous publications.
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Bureau of Labor Statistics. (September 1, 2022). Average annual expenditure on bicycles per consumer unit in the United States from 2007 to 2021 (in U.S. dollars) [Graph]. In Statista. Retrieved September 01, 2024, from https://www.statista.com/statistics/468241/us-consumer-spending-on-bicycles/
Bureau of Labor Statistics. "Average annual expenditure on bicycles per consumer unit in the United States from 2007 to 2021 (in U.S. dollars)." Chart. September 1, 2022. Statista. Accessed September 01, 2024. https://www.statista.com/statistics/468241/us-consumer-spending-on-bicycles/
Bureau of Labor Statistics. (2022). Average annual expenditure on bicycles per consumer unit in the United States from 2007 to 2021 (in U.S. dollars). Statista. Statista Inc.. Accessed: September 01, 2024. https://www.statista.com/statistics/468241/us-consumer-spending-on-bicycles/
Bureau of Labor Statistics. "Average Annual Expenditure on Bicycles per Consumer Unit in The United States from 2007 to 2021 (in U.S. Dollars)." Statista, Statista Inc., 1 Sep 2022, https://www.statista.com/statistics/468241/us-consumer-spending-on-bicycles/
Bureau of Labor Statistics, Average annual expenditure on bicycles per consumer unit in the United States from 2007 to 2021 (in U.S. dollars) Statista, https://www.statista.com/statistics/468241/us-consumer-spending-on-bicycles/ (last visited September 01, 2024)
Average annual expenditure on bicycles per consumer unit in the United States from 2007 to 2021 (in U.S. dollars) [Graph], Bureau of Labor Statistics, September 1, 2022. [Online]. Available: https://www.statista.com/statistics/468241/us-consumer-spending-on-bicycles/