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Food accounted for 12.9 percent of U.S. households’ expenditures in 2024

  • Food Prices, Expenditures, and Establishments
Double bar chart comparing the share of U.S. household consumer expenditures by major categories, 2004 and 2024.

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U.S. households allocated 12.9 percent of their budgets to food in 2024, on average, down from 13.3 percent in 2004. Food has continued to rank third behind housing and transportation as a share of U.S. households’ total expenditures on all goods and services. Households allocated a larger share of their budgets to housing and healthcare in 2024 than they did in 2004. Total spending by U.S. households averaged $43,400 in 2004 and $78,500 in 2024.

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