Spending differences may result from different consumer preferences or variations in demographic characteristics, such as household size, age, or income levels. The terms household or consumer unit are used interchangeably for convenience.ĭifferences in spending among metropolitan areas may reflect differences in the cost of living, but they also may reflect other causes. The data in this release were averaged over a 2-year period, 20.Ī household in the CE survey is defined as a consumer unit which includes families, single persons living alone or sharing a household with others but who are financially independent, or two or more persons living together who share expenses. Additional informationĭata in this release are from the Consumer Expenditure Survey (CE), which the U.S. household spent 61.9 percent of its food budget on food at home and 38.1 percent on food away from home. Los Angeles-area households spent $5,049, or 56.9 percent, of their food dollars on food at home and $3,820 (43.1 percent) on food away from home. Food: The portion of a Los Angeles household’s budget spent on food, 13.1 percent, was not significantly different from the 12.5-percent U.S.Of the $10,681 in annual transportation expenditures in Los Angeles, 94.7 percent was spent buying and maintaining private vehicles this compared to the national average of 94.9 percent. Transportation: Los Angeles-area households spent 15.7 percent of their budget on transportation, not significantly different from the national average of 16.5 percent. Housing expenditures shares among the 22 published metropolitan areas nationwide ranged from 39.1 percent in New York to 31.8 percent in St. Among the 22 metropolitan areas nationwide for which data were available, Los Angeles was 1 of 10 areas to have a housing expenditure share significantly higher than the 33.8-percent U.S. Housing: This was the largest expenditure component for Los Angeles-area households and averaged $25,624.Highlights of the Los Angeles area’s 2019–20 spending patterns: Shares of average expenditures for selected major components in the United States and Los Angeles metropolitan area, 2019–20 Category
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