US household spending, income and inflation, yearly change: 2.6% (inflation, 2024 to 2025). In 2025, average household spending rose 4.3% and income before taxes 6.4%, while consumer prices rose 2.6%, so spending grew faster than prices.
Data last updated · Period: 2021–2025
Understanding the chart
The bar chart above shows US household spending, income and inflation, yearly change 2022–2025, with one bar for each of the 12 figures. Each bar is labelled with its exact value, and values are change, in %. The longest bar is the highest. The first bar is 2021–2022: spending at 9.0% and the last 2024–2025: inflation at 2.6%. The data table below the chart lists every value, and you can download the data, embed the chart or share it from the buttons above. The figures cover 2021–2025 and come from U.S. Bureau of Labor Statistics, Consumer Expenditures—2025 (news release USDL-26-1619, 29 October 2026), tables 1 to 3; U.S. Bureau of Labor Statistics, Consumer expenditures in 2024 (BLS Report 1119, August 2026), tables 1 and 2.
Key insights
- In 2021–2022, spending rose 9% and income 7.5%, against inflation of 8%: real spending grew about 1.0%.
- In 2022–2023, spending rose 5.7% and income 8.3%, against inflation of 4.1%: real spending grew about 1.6%.
- In 2023–2024, spending rose 1.8% and income 2.4%, against inflation of 2.9%: real spending fell about 1.1%.
- In 2024–2025, spending rose 4.3% and income 6.4%, against inflation of 2.6%: real spending grew about 1.7%.
Analysis
Spending growth slowed from 2022 to 2024 as inflation cooled, then picked up in 2025. Comparing each year's spending growth with inflation shows whether households were buying more in real terms or simply paying higher prices for the same goods. In 2024–2025, spending rose 4.3% and income 6.4%, against inflation of 2.6%: real spending grew about 1.7%.
What it means
For businesses, average household spending sets the size of the prize: multiplied by the number of households in a town or region, it gives a first estimate of the local market. Spending that is growing faster than prices points to rising demand, while spending that lags inflation means customers are buying less in real terms and competing businesses fight harder for each dollar. Higher-income households spend far more in absolute terms, so who your customers are matters as much as the national average.
Related figures
- Average annual spending of US households, 2021–2025: $81,905 (per household a year, 2025). US households spent an average of $81,905 a year on goods and services in 2025, up 4.3% from $78,527 in 2024.
- Inflation rate in United States, 2010–2024: 3.0% (Inflation, 2024 · 89th of 176). Inflation rate in United States: 3.0% in 2024, ranking 89th of 176 countries.
About this statistic
These figures come from the U.S. Bureau of Labor Statistics' Consumer Expenditure Survey (CE), the main official source on what American households buy. It combines two surveys run by the Census Bureau for BLS: a quarterly interview survey of large and regular purchases and a two-week diary of small, frequent purchases. Results are averages per consumer unit, which is close to a household: about 138 million in 2025, with 2.4 people on average.
Spending is out of pocket, so it excludes things paid for by employers or government, such as employer health premiums. Because of the 2025 lapse in federal appropriations, the survey could not be collected in October and November 2025, and BLS adjusted the survey weights to cover the gap. Year-to-year changes in small categories can reflect sampling, which is why BLS tests them for statistical significance.
Questions and answers
Which groups rank highest for uS household spending, income and inflation, yearly change 2022–2025?
2.6% (inflation, 2024 to 2025). In 2025, average household spending rose 4.3% and income before taxes 6.4%, while consumer prices rose 2.6%, so spending grew faster than prices.
Which rank lowest, and what is typical?
In 2021–2022, spending rose 9% and income 7.5%, against inflation of 8%: real spending grew about 1.0%. In 2022–2023, spending rose 5.7% and income 8.3%, against inflation of 4.1%: real spending grew about 1.6%.
Where does this data come from?
From U.S. Bureau of Labor Statistics, Consumer Expenditures—2025 (news release USDL-26-1619, 29 October 2026), tables 1 to 3; U.S. Bureau of Labor Statistics, Consumer expenditures in 2024 (BLS Report 1119, August 2026), tables 1 and 2, covering 2021–2025. Inflation is the annual average change in the Consumer Price Index for All Urban Consumers (CPI-U); the 2025 average uses 11 months because October 2025 data were not collected.
How this page was made
Generated by Advanton from U.S. Bureau of Labor Statistics, Consumer Expenditures—2025 (2021–2025), data updated 10 November 2026: chart, ranks, comparisons and text are computed from the published figures; no figures are changed. Our methodology.
Data
| Year and measure | Change (%) |
|---|---|
| 2021–2022: spending | 9.0% |
| 2021–2022: income | 7.5% |
| 2021–2022: inflation | 8.0% |
| 2022–2023: spending | 5.7% |
| 2022–2023: income | 8.3% |
| 2022–2023: inflation | 4.1% |
| 2023–2024: spending | 1.8% |
| 2023–2024: income | 2.4% |
| 2023–2024: inflation | 2.9% |
| 2024–2025: spending | 4.3% |
| 2024–2025: income | 6.4% |
| 2024–2025: inflation | 2.6% |
Source and notes
Source: U.S. Bureau of Labor Statistics, Consumer Expenditures—2025 (news release USDL-26-1619, 29 October 2026), tables 1 to 3; U.S. Bureau of Labor Statistics, Consumer expenditures in 2024 (BLS Report 1119, August 2026), tables 1 and 2. Period: 2021–2025. Coverage: United States.
Inflation is the annual average change in the Consumer Price Index for All Urban Consumers (CPI-U); the 2025 average uses 11 months because October 2025 data were not collected.
Cite this statistic
Formats, embedding and reuse: how to cite Advanton.
Please also credit the original source: U.S. Bureau of Labor Statistics, Consumer Expenditures—2025 (news release USDL-26-1619, 29 October 2026), tables 1 to 3; U.S. Bureau of Labor Statistics, Consumer expenditures in 2024 (BLS Report 1119, August 2026), tables 1 and 2.Related statistics
- Average annual spending of US households, 2021–2025
- Inflation rate in United States, 2010–2024
- US household spending on shelter, 2021–2025
- US household spending on healthcare, 2021–2025
- US household spending on tobacco products and smoking supplies, 2021–2025
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