In 2022, the average expenditure on housing in the United States amounted to 24,298 U.S. dollars per consumer unit. House prices in the U.S. have been rising over the past decade, which is reflecting in the upward trend in annual housing expenditure.
Average annual expenditure on housing per consumer unit in the United States from 2007 to 2022
(in U.S. dollars)
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. Figures prior to 2019 have been taken from previous publications.
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Bureau of Labor Statistics. (May 2, 2024). Average annual expenditure on housing per consumer unit in the United States from 2007 to 2022 (in U.S. dollars) [Graph]. In Statista. Retrieved November 21, 2024, from https://www.statista.com/statistics/1052496/us-consumer-spending-on-housing/
Bureau of Labor Statistics. "Average annual expenditure on housing per consumer unit in the United States from 2007 to 2022 (in U.S. dollars)." Chart. May 2, 2024. Statista. Accessed November 21, 2024. https://www.statista.com/statistics/1052496/us-consumer-spending-on-housing/
Bureau of Labor Statistics. (2024). Average annual expenditure on housing per consumer unit in the United States from 2007 to 2022 (in U.S. dollars). Statista. Statista Inc.. Accessed: November 21, 2024. https://www.statista.com/statistics/1052496/us-consumer-spending-on-housing/
Bureau of Labor Statistics. "Average Annual Expenditure on Housing per Consumer Unit in The United States from 2007 to 2022 (in U.S. Dollars)." Statista, Statista Inc., 2 May 2024, https://www.statista.com/statistics/1052496/us-consumer-spending-on-housing/
Bureau of Labor Statistics, Average annual expenditure on housing per consumer unit in the United States from 2007 to 2022 (in U.S. dollars) Statista, https://www.statista.com/statistics/1052496/us-consumer-spending-on-housing/ (last visited November 21, 2024)
Average annual expenditure on housing per consumer unit in the United States from 2007 to 2022 (in U.S. dollars) [Graph], Bureau of Labor Statistics, May 2, 2024. [Online]. Available: https://www.statista.com/statistics/1052496/us-consumer-spending-on-housing/
