In 2022, 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 2022, by race
(in U.S. dollars)
Characteristic
White and all other races
Asian
Black
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* 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.
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Bureau of Labor Statistics. (September 8, 2023). Average consumer expenditure in the United States in 2022, by race (in U.S. dollars) [Graph]. In Statista. Retrieved July 03, 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 2022, by race (in U.S. dollars)." Chart. September 8, 2023. Statista. Accessed July 03, 2024. https://www.statista.com/statistics/694716/consumer-expenditure-by-race-us/
Bureau of Labor Statistics. (2023). Average consumer expenditure in the United States in 2022, by race (in U.S. dollars). Statista. Statista Inc.. Accessed: July 03, 2024. https://www.statista.com/statistics/694716/consumer-expenditure-by-race-us/
Bureau of Labor Statistics. "Average Consumer Expenditure in The United States in 2022, by Race (in U.S. Dollars)." Statista, Statista Inc., 8 Sep 2023, https://www.statista.com/statistics/694716/consumer-expenditure-by-race-us/
Bureau of Labor Statistics, Average consumer expenditure in the United States in 2022, by race (in U.S. dollars) Statista, https://www.statista.com/statistics/694716/consumer-expenditure-by-race-us/ (last visited July 03, 2024)
Average consumer expenditure in the United States in 2022, by race (in U.S. dollars) [Graph], Bureau of Labor Statistics, September 8, 2023. [Online]. Available: https://www.statista.com/statistics/694716/consumer-expenditure-by-race-us/