Fact #463: April 2, 2007
Transportation is a Large Share of Average Household Expenditures
After housing, transportation was the largest single expenditure for the average American household in 2005. Within the transportation category, expenditures for vehicles and for gasoline and oil were the highest.
* Other transportation expenditures include vehicle expenses, such as insurance, maintenance, and parts, and public transportation expenses.
** Other household expenditures include entertainment, personal care products and services, education, tobacco products and smoking, and miscellaneous.
Supporting Information
| Expenditure Category | Share of Household Expenditures |
|---|---|
| Housing | 33% |
| Transportation Vehicles 7.6% Gasoline and Motor Oil 4.3% Other* 6.1% |
18% |
| Food | 13% |
| Personal Insurance and Pensions | 11% |
| Health Care | 6% |
| Apparel and Services | 4% |
| Other** | 16% |
| Average Annual Expenditures | $46,409 |
|
Source: U.S. Department of Labor, Bureau of Labor Statistics, 2005 Consumer Expenditure Survey. | |
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