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

Share:

Our Impact
The Big Picture
Explore and monitor how United States is affecting economies, industries and global issues
Crowdsource Innovation
Get involved with our crowdsourced digital platform to deliver impact at scale

Stay up to date:

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.
Discover

What is the Forum doing to improve the global banking system?

Have you read?

Don't miss any update on this topic

Create a free account and access your personalized content collection with our latest publications and analyses.

License and Republishing

World Economic Forum articles may be republished in accordance with the Creative Commons Attribution-NonCommercial-NoDerivatives 4.0 International Public License, and in accordance with our Terms of Use.

The views expressed in this article are those of the author alone and not the World Economic Forum.

Related topics:

United StatesFinancial and Monetary Systems

Share:

Global Agenda

The Agenda Weekly

A weekly update of the most important issues driving the global agenda

Subscribe today

You can unsubscribe at any time using the link in our emails. For more details, review our privacy policy.

Smartphones and influencers are changing the way US adults shop, here's how

Michelle Faverio and Monica Anderson

December 5, 2022

About Us
Events
Media
Partners & Members
Language Editions

Privacy Policy & Terms of Service

© 2022 World Economic Forum