In 2023, housing required the highest amount of consumer expenditure across all races, with Asian individuals spending the most. Additionally, Asian individuals spent more on personal insurance and pensions, as well as education than any other race.
Average consumer expenditure in the United States in 2023, by race
(in U.S. dollars)
* According to the source, miscellaneous expenditures include safety deposit box rental, checking account fees and other bank service charges, credit card memberships, legal fees, accounting fees, funerals, cemetery lots, union dues, occupational expenses, expenses for other properties, and finance charges other than those for mortgages and vehicles.
Profit from the additional features of your individual account
Currently, you are using a shared account. To use individual functions (e.g., mark statistics as favourites, set
statistic alerts) please log in with your personal account.
If you are an admin, please authenticate by logging in again.
Learn more about how Statista can support your business.
Bureau of Labor Statistics. (September 25, 2024). Average consumer expenditure in the United States in 2023, by race (in U.S. dollars) [Graph]. In Statista. Retrieved December 12, 2024, from https://www.statista.com/statistics/694716/consumer-expenditure-by-race-us/
Bureau of Labor Statistics. "Average consumer expenditure in the United States in 2023, by race (in U.S. dollars)." Chart. September 25, 2024. Statista. Accessed December 12, 2024. https://www.statista.com/statistics/694716/consumer-expenditure-by-race-us/
Bureau of Labor Statistics. (2024). Average consumer expenditure in the United States in 2023, by race (in U.S. dollars). Statista. Statista Inc.. Accessed: December 12, 2024. https://www.statista.com/statistics/694716/consumer-expenditure-by-race-us/
Bureau of Labor Statistics. "Average Consumer Expenditure in The United States in 2023, by Race (in U.S. Dollars)." Statista, Statista Inc., 25 Sep 2024, https://www.statista.com/statistics/694716/consumer-expenditure-by-race-us/
Bureau of Labor Statistics, Average consumer expenditure in the United States in 2023, by race (in U.S. dollars) Statista, https://www.statista.com/statistics/694716/consumer-expenditure-by-race-us/ (last visited December 12, 2024)
Average consumer expenditure in the United States in 2023, by race (in U.S. dollars) [Graph], Bureau of Labor Statistics, September 25, 2024. [Online]. Available: https://www.statista.com/statistics/694716/consumer-expenditure-by-race-us/
