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…Relative Household Spending Falling Over Time = Food + Entertainment + Apparel Relative Household Spending 20% 15% 15% 15% SA U , 12% d en 10% Sp 6% al u 5% 5% n 5% 4% 5% n A 3% 0% 1972 1990 2017 Total Expenditure $11K $31K $68K Source: USA Bureau of Labor Statistics (BLS), Consumer Expenditure Survey. *Pensions + Insurance includes deductions for private retirement accounts, social security, and life insurance. **Other Includes education and miscellaneous other expenses. Note: Results based on Surveys of American Urban & Rural Households 106 (Families & Single Consumers). 1972 data reflects non-annual survey conducted by BLS + Census Bureau to adjust CPI. 1990 and 2017 Data Based on Annual Survey performed by BLS + Census Bureau. Healthcare costs include insurance, drugs, out-of-pocket medical expenses, etc. 2017 = mid-year figures.

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