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Annual U.S. vehicle average spending by income 2021

Americans' annual average expenditures on vehicle purchases in 2021, by income group

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Release date

September 2022


United States

Survey time period


Number of respondents

133,595 consumer units

Method of interview

Telephone interview

Supplementary notes

The information refers to income before taxes.
According to the source, income groups meet one of the following criteria: all members of a particular household who are related to marriage, adoption, other legal arrangements, or blood; a person sharing a household with others or living alone or living as a roomer, but who is financially independent; two or more people living together who make joint expenditure decisions.

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