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To find out how Americans by age group spend their money. Compare what you spend as a senior (first figure) with what the average American household spends (second figure).
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Item
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Senior Household
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Avg. Household
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Food
Furniture
Major Appliances
Small Appliances
Household Textiles
Apparel
Transportation
New Vehicles
Old Vehicles
Health Care
Drugs
Entertainment
Insurance
Other Expenses
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$13,432
$401
$196
$88
$113
$1,640
$7,781
$2,052
$1,611
$2,416
$467
$2,060
$4,055
$4,093
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$14,403
$460
$200
$81
$108
$1,870
$8,354
$2,055
$1,904
$1,758
$266
$2,142
$4,505
$3,956
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| Total |
$40,817 |
$42,631 |
Source: Advertising Age’s American Demographics, based on Bureau of Labor Statistics’ Consumer Expenditure survey. (1) Includes social security contribution (excludes health insurance, which is classified as health-care expense). |
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