United States

Here's how different generations in the US spend their income 

Gen X spent the most money of any US generation in 2021. Image: Unsplash/Alexander Grey

Preethi Lodha
Data Analytics and Insights manager , Visual Capitalist
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United States

A graph showing how Americans spend their money.
Spending habits vary wildly depending on age. Image: Visual Capitalist.

A chart showing average annual expenditure from different generations.
The second biggest spenders are Millennials with an average annual expenditure of $69,061. Image: Visual Capitalist.

A chart showing average spend on housing in 2021 from different generations.
While spending habits vary depending on the age group, housing is one of the most consistent spending categories. Image: Visual Capitalist.
A chart showing average spend on entertainment in 2021 for different generations.
All generations spent more than 4% of their total expenditures on entertainment. Image: Visual Capitalist.

A chart showing average spend on healthcare in 2021 in different generations.
Gen Z only spent $1,354 on average on healthcare. Image: Visual Capitalist.
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