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<h1>Expenditures of the Aged Chartbook, 2020</h1>
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<div id="breadcrumbs" itemscope itemtype="http://schema.org/BreadcrumbList">You are here: <span itemprop="itemListElement" itemscope itemtype="http://schema.org/ListItem"><a href="/" itemprop="item"><span itemprop="name">Social Security Administration</span></a> <meta itemprop="position" content="1" /> </span> > <span itemprop="itemListElement" itemscope itemtype="http://schema.org/ListItem"><a href="/policy/index.html" itemprop="item"><span itemprop="name">Research, Statistics & Policy Analysis</span></a> <meta itemprop="position" content="2" /> </span> > <span itemprop="itemListElement" itemscope itemtype="http://schema.org/ListItem"><a href="index.html" itemprop="item"><span itemprop="name">Expenditures of the Aged Chartbook, 2020</span></a> <meta itemprop="position" content="3" /> </span></div>
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<div id="rspaUtil"><ul><li id="mail"><a class="js-ga-event" href="#" rel="nofollow" data-event="outbound-link" data-event-action="click" data-event-label="email-this">Email</a></li><li id="print"><a href="#" rel="nofollow">Save/Print</a></li></ul></div>
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<div class="innards">
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<div class="abbr"><abbr class="spell">CU</abbr>s = Consumer units</div>
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<ul class="chartTabsNav ui-helper-clearfix ui-corner-all">
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<li id="about" class="ui-corner-top"><a href="#source"><br>About This Chartbook</a></li>
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<li id="CUs" class="ui-corner-top"><a href="#page5"><br><abbr class="spell">CU</abbr>s Aged 65 or Older</a></li>
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<li id="age" class="ui-corner-top"><a href="#page13"><br><abbr class="spell">CU</abbr>s, by Age</a></li>
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<li id="trends" class="ui-corner-top"><a href="#page31"><abbr class="spell">CU</abbr>s Aged 65 or Older:<br>2010, 2015 & 2020</a></li>
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<li id="appendix" class="ui-corner-top"><a href="#page38"><br>Appendix</a></li>
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</ul>
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<div class="chartTabsPanel ui-corner-bottom">
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<div id="aboutSidebar" class="chartSidebar">
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<ul>
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<li><a href="#source">Source of the Data</a></li>
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<li><a href="#definitions">Definitions and Explanation of Key Terms</a></li>
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<li><a href="#notesData">Notes about the Data</a></li>
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</ul>
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</div>
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<div id="CUsSidebar" class="chartSidebar">
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<ul>
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<li><a href="#page5">Total Expenditures</a></li>
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<li><a href="#page6">Per Capita Expenditures</a></li>
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<li><a href="#page7">Expenditures, by Income Quartile</a></li>
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<li><a href="#page8">Per Capita Expenditures, by Income Quartile</a></li>
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<li><a href="#page9">Expenditures, by Earned Income Status</a></li>
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<li><a href="#page10">Components of Expenditures</a></li>
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<li><a href="#page11">Components of Expenditures, by Earned Income Status</a></li>
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<li><a href="#page12">Components of Expenditures, by Selected Income Quartile</a></li>
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</ul>
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</div>
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<div id="ageSidebar" class="chartSidebar">
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<ul>
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<li><a href="#page13">Total Expenditures</a></li>
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<li><a href="#page14">Components of Expenditures</a></li>
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<li><a href="#page15">Housing Expenditures</a></li>
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<li><a href="#page17">Housing Tenure</a></li>
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<li><a href="#page18">Food Expenditures</a></li>
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<li><a href="#page20">Food Prepared and Eaten at Home</a></li>
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<li><a href="#page21">Out-of-Pocket Health Care Expenditures</a></li>
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<li><a href="#page23">Components of Out-of-Pocket Health Care Expenditures</a></li>
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<li><a href="#page24">Transportation Expenditures</a></li>
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<li><a href="#page26">Components of Transportation Expenditures</a></li>
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<li><a href="#page27">Other Expenditures</a></li>
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<li><a href="#page29">Components of Other Expenditures</a></li>
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<li><a href="#page30">Travel Expenditures</a></li>
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</ul>
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</div>
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<div id="trendsSidebar" class="chartSidebar">
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<ul>
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<li><a href="#page31">Trends in <abbr class="spell">CU</abbr> Size</a></li>
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<li><a href="#page32">Trends in Expenditures</a></li>
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<li><a href="#page33">Trends in Expenditures by Component</a></li>
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<li><a href="#page34">Trends in Housing Tenure</a></li>
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<li><a href="#page35">Trends in Housing Expenditures by Tenure</a></li>
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<li><a href="#page36">Trends in Out-of-Pocket Health Care Expenditures</a></li>
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<li><a href="#page37">Trends in Out-of-Pocket Health Care Expenditures by Component</a></li>
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</ul>
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</div>
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<div class="chartArea ninetypercent" id="source">
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<h1>About This Chartbook</h1>
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<h2>Source of the Data</h2>
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<p>The <i>Expenditures of the Aged Chartbook</i> is based on data from the 2020 Consumer Expenditure Survey Public-Use File. The survey provides continuous comprehensive data on the buying habits of <abbr class="spell">US</abbr> consumers. The survey is representative of the total civilian noninstitutionalized population of the United States, as well as that portion of the institutionalized population living in group quarters (excluding military personnel living on military bases and residents of nursing homes).</p>
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<p>The Consumer Expenditure Survey program consists of two separate components, each with its own questionnaire and independent sample:</p>
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<ul>
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<li>An <b>interview survey</b>, which collects data on monthly expenditures such as housing.</li>
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<li>A <b>diary survey</b>, which collects weekly expenditures of frequently purchased items such as food and beverages.</li>
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</ul>
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<p>The Census Bureau collects the data under contract with the Bureau of Labor Statistics. Further details on the Consumer Expenditure Survey program are available at <a href="https://www.bls.gov/cex/home.htm">https://www.bls.gov/cex/home.htm</a>. Documentation on the two survey components and their integration, as well as limitations of the data, are found on the Frequently Asked Questions page at <a href="https://www.bls.gov/cex/csxfaqs.htm">https://www.bls.gov/cex/csxfaqs.htm</a>. In this chartbook, medians and distributions are calculated using only the interview survey. Means are calculated using data from both the interview and diary surveys. The mean household expenditure for each expenditure category is the sum of spending for that category by all households divided by the sum of total expenditures for all households.</p>
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<p>Surveys are subject to sampling error because observations are not taken for the entire population. Information on the sampling error in the 2020 Survey of Consumer Expenditures can be found in the survey documentation available at <a href="https://www.bls.gov/cex/pumd-getting-started-guide.htm">https://www.bls.gov/cex/pumd-getting-started-guide.htm</a>.</p>
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<nav>
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<div class="chartNav"><a class="chartNext" href="#definitions">Next page</a></div>
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<div class="shareChartPage">Share this page: https://www.ssa.gov/policy/docs/chartbooks/expenditures_aged/2020/exp-aged-2020.html#source</div>
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</nav>
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</div>
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<div class="chartArea ninetypercent" id="definitions">
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<h2>Definition and Explanation of Key Terms</h2>
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<p>The definitions of key terms are abbreviated versions of those used by the Bureau of Labor Statistics, which presents detailed definitions in its glossary at <a href="https://www.bls.gov/cex/csxgloss.htm">https://www.bls.gov/cex/csxgloss.htm</a>.</p>
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<h3>Unit of Analysis</h3>
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<div class="indent1">
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<p><b>Consumer unit (<abbr class="spell">CU</abbr>).</b> Expenditures in the Consumer Expenditure Survey are measured for the <abbr class="spell">CU</abbr>, defined as the members of a household related by blood, marriage, adoption, or other legal arrangement; a single person living alone or sharing a household with others but who is financially independent; or two or more persons living together who share responsibility for at least two of the following three major expense categories: food, housing, and other (comprising various items, listed below under “Components of expenditures”). Students living in university-sponsored housing also are included in the sample as separate <abbr class="spell">CU</abbr>s. The Consumer Expenditure Survey is a survey of the noninstitutionalized population and therefore does not include nursing home residents and their expenditures.</p>
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<p><b>Reference person.</b> The first <abbr class="spell">CU</abbr> member mentioned by the respondent when asked to “Start with the name of the person or one of the persons who owns or rents the home.” The relationship of the other members of the <abbr class="spell">CU</abbr> is determined with respect to this person.</p>
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<p><b>Age of the <abbr class="spell">CU</abbr>.</b> The age of the reference person.</p>
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<p><b>Size of the <abbr class="spell">CU</abbr>.</b> The number of persons whose usual place of residence at the time of the interview is in the sample unit. In the interview portion of the 2020 Consumer Expenditure Survey, the size of the <abbr class="spell">CU</abbr> decreased as the age of the <abbr class="spell">CU</abbr> increased, as shown in the chart below. The average number of persons in a <abbr class="spell">CU</abbr>, by age of the unit, was 2.1 for <abbr class="spell">CU</abbr>s aged <span class="nobr">55–64,</span> 1.8 for those aged <span class="nobr">65–74,</span> and 1.6 for those 75 or older.</p>
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<div class="svgChart chart700"><img src="page02.svg" role="img" alt="Percentage distribution of C Us, by size and age. Bar chart with tabular format below." />
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<div class="table altTable"><a class="altToggle" href="">Show as table</a>
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<table>
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<caption>Table equivalent for chart. Percentage distribution of <abbr class="spell">CU</abbr>s, by size and age</caption>
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<colgroup span="1" style="width:12em"></colgroup>
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<colgroup span="3" style="width:8em"></colgroup>
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<colgroup span="1" style="width:8em" class="shaded"></colgroup>
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<thead>
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<tr>
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<th class="stubHeading" scope="col">Size of consumer unit</th>
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<th scope="col"><span class="nobr">55–64</span></th>
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<th scope="col"><span class="nobr">65–74</span></th>
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<th scope="col">75 or older</th>
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<th scope="col">65 or older</th>
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</tr>
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</thead>
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<tbody>
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<tr>
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<th class="stub0" scope="row">1 person</th>
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<td>31.4</td>
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<td>37.2</td>
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<td>54.2</td>
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<td>44.3</td>
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</tr>
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<tr>
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<th class="stub0" scope="row">2 persons</th>
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<td>40.4</td>
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<td>49.0</td>
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<td>37.7</td>
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<td>44.2</td>
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</tr>
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<tr>
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<th class="stub0" scope="row">3 or more persons</th>
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<td>28.2</td>
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<td>13.9</td>
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<td>8.2</td>
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<td>11.5</td>
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</tr>
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</tbody>
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<tfoot>
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<tr>
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<td class="noNotes" colspan="5"> </td>
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</tr>
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</tfoot>
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</table>
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</div>
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</div>
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</div>
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<h3>Expenditures and Income</h3>
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<div class="indent1">
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<p><b>Total expenditures.</b> The sum of all expenditures in 2020.</p>
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<p><b>Per capita expenditures.</b> Expenditures of the <abbr class="spell">CU</abbr> divided by the size of the <abbr class="spell">CU</abbr>.</p>
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<p><b>Total income.</b> The sum of all income sources before taxes in 2020, including the value of food stamps.</p>
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<p><b>Earned income.</b> Income from wages and salaries or self-employment in 2020, including income from businesses and farms.</p>
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</div>
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<h3>Components of Expenditures</h3>
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<div class="indent1">
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<p><b>Housing.</b> The sum of all housing expenditures in 2020, including the expenses associated with renting or owning a home such as rent, mortgage interest, property taxes, maintenance, utilities, furnishings, renters' or homeowners' insurance, home appliances, cleaning supplies, textiles, and luggage. It does not include payments toward mortgage principal, which are considered to be part of household savings rather than expenditures. <b><i>Housing tenure</i></b> refers to the <abbr class="spell">CU</abbr>'s principal place of residence during the survey. “Owners” include <abbr class="spell">CU</abbr>s living in their own homes, cooperatives or condominium apartments, or townhouses. “Renters” include <abbr class="spell">CU</abbr>s paying rent or living <span class="nobr">rent-free</span> in lieu of wages.</p>
|
|
<p><b>Food.</b> The sum of all food expenditures in 2020, including expenditures made at grocery stores and restaurants.</p>
|
|
<p><b>Health care.</b> The sum of all out-of-pocket health care expenditures in 2020, including public and private health insurance premiums and payments for doctor visits, eye and dental care and aids, hospital services, lab tests, and prescription drugs. </p>
|
|
<p><b>Transportation.</b> The sum of all transportation expenditures in 2020, including the purchase of new and used cars and trucks; insurance; gas and motor oil; finance charges; maintenance and repairs; licenses; rentals; other charges; and fares for travel by airplane, bus, train, and taxi.</p>
|
|
<p><b>Apparel.</b> The sum of all apparel expenditures in 2020, including clothing, footwear, laundry, sewing, watches, jewelry, and storage.</p>
|
|
<p><b>Entertainment.</b> The sum of all entertainment expenditures in 2020, including club fees, sport fees, theater tickets, televisions, stereos, pet expenses, toys, hobbies, campers, boats, and sporting equipment.</p>
|
|
<p><b>Other.</b> The sum of all other expenditures in 2020, including those for alcohol, tobacco, personal care products and services, reading materials, education, miscellaneous items, cash contributions to persons or organizations outside the <abbr class="spell">CU</abbr>, personal insurance, pension contributions, and Social Security payroll taxes.</p>
|
|
<p><b>Travel.</b> Travel is a combination of components of the above categories. It is the sum of all expenditures on out-of-town trips in 2020, including food; alcohol; lodging; gas; rental of autos, trucks, motorcycles, boats, campers, and other vehicles; parking; tolls; fares for travel by airplane, bus, train, and taxi; and recreation and entertainment.</p>
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</div>
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<div class="chartArea ninetypercent" id="notesData">
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<h2>Notes about the Data</h2>
|
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<p>Data in this report reflect expenditures during calendar year 2020. The Trends section also includes comparative data on expenditures in 2010 and 2015.</p>
|
|
<p>Data are from the interview portion of the 2020 Consumer Expenditure Survey, unless otherwise noted.</p>
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|
<p>Some charts contain data from an integration of the diary and the interview portions of the 2020 Consumer Expenditure Survey. Some expenditure items are measured in either the interview survey or the diary survey; others are measured in both the interview survey and the diary survey. In the latter cases, the data source used for a given item is the survey that yields the smallest standard error for that item. Items are aggregated into summary categories that may include data from both the interview and diary portions.</p>
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<p>Charts variously show mean, median, and percentile values. Because means can be influenced by high-spending outliers, mean expenditure data can be highly skewed. In those cases, median and percentile figures provide a clearer picture of the distribution of expenditures. However, the interview and diary portions cannot be combined to calculate medians and percentiles because the two surveys have different questionnaires and samples.</p>
|
|
<p>Expenditure data are collected at the <abbr class="spell">CU</abbr> level.</p>
|
|
<p>Estimates are based on weighted responses from a sample of the population, as follows:</p>
|
|
<div class="table">
|
|
<table>
|
|
<colgroup span="1" style="width:7em"></colgroup>
|
|
<colgroup span="2" style="width:10em"></colgroup>
|
|
<thead>
|
|
<tr>
|
|
<th class="stubHeading" scope="col">Age group</th>
|
|
<th scope="col">Unweighted</th>
|
|
<th scope="col">Weighted (thousands)</th>
|
|
</tr>
|
|
</thead>
|
|
<tbody>
|
|
<tr>
|
|
<th class="stub0 nobr" scope="row">55–64</th>
|
|
<td>1,292</td>
|
|
<td>25,106</td>
|
|
</tr>
|
|
<tr>
|
|
<th class="stub0 nobr" scope="row">65–74</th>
|
|
<td>1,072</td>
|
|
<td>20,404</td>
|
|
</tr>
|
|
<tr>
|
|
<th class="stub0 nobr" scope="row">75 or older</th>
|
|
<td>802</td>
|
|
<td>14,743</td>
|
|
</tr>
|
|
<tr class="shaded">
|
|
<th class="stub0 nobr" scope="row">65 or older</th>
|
|
<td>1,874</td>
|
|
<td>35,147</td>
|
|
</tr>
|
|
</tbody>
|
|
<tfoot>
|
|
<tr>
|
|
<td class="noNotes" colspan="3"> </td>
|
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</tr>
|
|
</tfoot>
|
|
</table>
|
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</div>
|
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<p>The estimates in this chartbook, which are based on the 2020 Consumer Expenditure Survey Public-Use File, may vary from those published by the Bureau of Labor Statistics because some public-use data are adjusted to prevent the disclosure of respondents' personal information. For a summary comparison of estimates from the two sources, see the appendix.</p>
|
|
<p>Income figures refer to income before taxes. Those figures include some noncash benefits, such as the value of food stamps. </p>
|
|
<p>Expenditures include Social Security payroll taxes and property taxes on owned dwellings and vacation homes.</p>
|
|
<p>Income quartiles for <abbr class="spell">CU</abbr>s aged 65 or older are four groups of roughly equal size as determined by their income level, as follows:</p>
|
|
<div class="table">
|
|
<table class="textTable">
|
|
<colgroup span="1" style="width:8em"></colgroup>
|
|
<colgroup span="1" style="width:26em"></colgroup>
|
|
<thead>
|
|
<tr>
|
|
<th class="stubHeading" scope="col">Quartile</th>
|
|
<th scope="col">Income</th>
|
|
</tr>
|
|
</thead>
|
|
<tbody>
|
|
<tr>
|
|
<th class="stub0" scope="row">Lowest</th>
|
|
<td>$19,871 or less</td>
|
|
</tr>
|
|
<tr>
|
|
<th class="stub0" scope="row">Low-middle</th>
|
|
<td>More than $19,871 and less than or equal to $35,794</td>
|
|
</tr>
|
|
<tr>
|
|
<th class="stub0" scope="row">High-middle</th>
|
|
<td>More than $35,794 and less than or equal to $65,000</td>
|
|
</tr>
|
|
<tr>
|
|
<th class="stub0" scope="row">Highest</th>
|
|
<td>More than $65,000</td>
|
|
</tr>
|
|
</tbody>
|
|
<tfoot>
|
|
<tr>
|
|
<td class="noNotes" colspan="2"> </td>
|
|
</tr>
|
|
</tfoot>
|
|
</table>
|
|
</div>
|
|
<p>The 2004 Consumer Expenditure Survey was the first in which the Bureau of Labor Statistics imputed income for units that did not report their amounts and sources of income. In the first edition of this chartbook, which was based on the 2002 Consumer Expenditure Survey, <abbr class="spell">CU</abbr>s that did not have complete income information were excluded from the analysis. All subsequent editions have included <abbr class="spell">CU</abbr>s that reported their income as well as those for which the Bureau of Labor Statistics imputed income.</p>
|
|
<p>Charts that show data by age group also show aggregate data for <abbr class="spell">CU</abbr>s aged 65 or older in a shaded bar in (or adjacent to) the chart.</p>
|
|
<p>In charts showing percentage distributions, totals do not necessarily equal the sum of rounded components.</p>
|
|
<p>Some charts present data as box plots. The upper and lower edges of the box plots represent the values at the 75<sup>th</sup> and 25<sup>th</sup> percentiles. The box therefore presents the interquartile range, or the middle 50 percent of the data, to indicate the variability of the values. Within the box, a third horizontal line indicates the median (50<sup>th</sup> percentile) value. A diamond symbol (♦) indicates the mean. A sample box plot appears below.</p>
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|
<div class="svgChart chart320" style="width:190px"><img src="box-plot.svg" role="img" alt="Example box plot described in text." /></div>
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<nav>
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<div class="chartNav"><a class="chartPrevious" href="#definitions">Previous page</a><a class="chartNext" href="#page5">Next page</a></div>
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<div id="page5" class="chartArea" onfocus="window.scrollTo(0,0)">
|
|
<h1><abbr class="spell">CU</abbr>s Aged 65 or Older</h1>
|
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<h2>Total Expenditures</h2>
|
|
<p>Annual expenditure amounts for all <abbr class="spell">CU</abbr>s aged 65 or older ranged widely. In 2020, 20 percent spent less than $20,000, and 12 percent spent $75,000 or more. Two-thirds of <abbr class="spell">CU</abbr>s aged 65 or older had total expenditures between $20,000 and $75,000. Median expenditures were $34,088. A relatively small proportion of <abbr class="spell">CU</abbr>s with very high expenditures strongly influenced the overall mean, which was $45,270. (Median and mean values are not shown.)</p>
|
|
<div class="svgChart chart700"><img src="page05.svg" role="img" alt="Distribution of C Us, by total expenditures. Bar chart with tabular version below." />
|
|
<div class="table altTable"><a class="altToggle" href="">Show as table</a>
|
|
<table>
|
|
<caption>Table equivalent for chart. Distribution of <abbr class="spell">CU</abbr>s, by total expenditures</caption>
|
|
<colgroup span="1" style="width:12em"></colgroup>
|
|
<colgroup span="1" style="width:8em"></colgroup>
|
|
<thead>
|
|
<tr>
|
|
<th class="stubHeading" scope="col">Total expenditures ($)</th>
|
|
<th scope="col">Percent</th>
|
|
</tr>
|
|
</thead>
|
|
<tbody>
|
|
<tr>
|
|
<th class="stub0" scope="row">Less than 10,000</th>
|
|
<td>2.1</td>
|
|
</tr>
|
|
<tr>
|
|
<th class="stub0" scope="row"><span class="nobr">10,000–19,999</span></th>
|
|
<td>18.2</td>
|
|
</tr>
|
|
<tr>
|
|
<th class="stub0" scope="row"><span class="nobr">20,000–29,999</span></th>
|
|
<td>21.4</td>
|
|
</tr>
|
|
<tr>
|
|
<th class="stub0" scope="row"><span class="nobr">30,000–39,999</span></th>
|
|
<td>18.0</td>
|
|
</tr>
|
|
<tr>
|
|
<th class="stub0" scope="row"><span class="nobr">40,000–49,999</span></th>
|
|
<td>12.2</td>
|
|
</tr>
|
|
<tr>
|
|
<th class="stub0" scope="row"><span class="nobr">50,000–74,999</span></th>
|
|
<td>15.9</td>
|
|
</tr>
|
|
<tr>
|
|
<th class="stub0" scope="row"><span class="nobr">75,000–99,999</span></th>
|
|
<td>5.5</td>
|
|
</tr>
|
|
<tr>
|
|
<th class="stub0" scope="row">100,000 or more</th>
|
|
<td>6.7</td>
|
|
</tr>
|
|
</tbody>
|
|
<tfoot>
|
|
<tr>
|
|
<td class="onlyNote" colspan="2">SOURCE: Interview portion of the 2020 Consumer Expenditure Survey.</td>
|
|
</tr>
|
|
</tfoot>
|
|
</table>
|
|
</div>
|
|
</div>
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<nav>
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<div class="chartNav"><a class="chartPrevious" href="#notesData">Previous page</a><a class="chartNext" href="#page6">Next page</a></div>
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|
<div id="page6" class="chartArea">
|
|
<h2>Per Capita Expenditures</h2>
|
|
<p>Per capita expenditures account for differences in the number of persons in a <abbr class="spell">CU</abbr>. Twenty-seven percent of <abbr class="spell">CU</abbr>s aged 65 or older had per capita expenditures of less than $15,000 in 2020, and 11 percent had per capita expenditures of $50,000 or more. Sixty-two percent of <abbr class="spell">CU</abbr>s aged 65 or older had per capita expenditures between $15,000 and $50,000. Median and mean per capita expenditures of <abbr class="spell">CU</abbr>s aged 65 or older were $21,270 and $28,472, respectively (not shown).</p>
|
|
<div class="svgChart chart700"><img src="page06.svg" role="img" alt="Distribution of C Us, by per capita expenditures. Bar chart with tabular version below." />
|
|
<div class="table altTable"><a class="altToggle" href="">Show as table</a>
|
|
<table>
|
|
<caption>Table equivalent for chart. Distribution of <abbr class="spell">CU</abbr>s, by per capita expenditures</caption>
|
|
<colgroup span="1" style="width:14em"></colgroup>
|
|
<colgroup span="1" style="width:8em"></colgroup>
|
|
<thead>
|
|
<tr>
|
|
<th class="stubHeading" scope="col">Per capita expenditures ($)</th>
|
|
<th scope="col">Percent</th>
|
|
</tr>
|
|
</thead>
|
|
<tbody>
|
|
<tr>
|
|
<th class="stub0" scope="row">Less than 10,000</th>
|
|
<td>9.2</td>
|
|
</tr>
|
|
<tr>
|
|
<th class="stub0" scope="row"><span class="nobr">10,000–14,999</span></th>
|
|
<td>18.0</td>
|
|
</tr>
|
|
<tr>
|
|
<th class="stub0" scope="row"><span class="nobr">15,000–19,999</span></th>
|
|
<td>18.8</td>
|
|
</tr>
|
|
<tr>
|
|
<th class="stub0" scope="row"><span class="nobr">20,000–24,999</span></th>
|
|
<td>14.1</td>
|
|
</tr>
|
|
<tr>
|
|
<th class="stub0" scope="row"><span class="nobr">25,000–29,999</span></th>
|
|
<td>9.9</td>
|
|
</tr>
|
|
<tr>
|
|
<th class="stub0" scope="row"><span class="nobr">30,000–34,999</span></th>
|
|
<td>7.5</td>
|
|
</tr>
|
|
<tr>
|
|
<th class="stub0" scope="row"><span class="nobr">35,000–39,999</span></th>
|
|
<td>5.2</td>
|
|
</tr>
|
|
<tr>
|
|
<th class="stub0" scope="row"><span class="nobr">40,000–49,999</span></th>
|
|
<td>6.1</td>
|
|
</tr>
|
|
<tr>
|
|
<th class="stub0" scope="row"><span class="nobr">50,000–59,999</span></th>
|
|
<td>3.9</td>
|
|
</tr>
|
|
<tr>
|
|
<th class="stub0" scope="row">60,000 or more</th>
|
|
<td>7.5</td>
|
|
</tr>
|
|
</tbody>
|
|
<tfoot>
|
|
<tr>
|
|
<td class="onlyNote" colspan="2">SOURCE: Interview portion of the 2020 Consumer Expenditure Survey.</td>
|
|
</tr>
|
|
</tfoot>
|
|
</table>
|
|
</div>
|
|
</div>
|
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<nav>
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<div class="chartNav"><a class="chartPrevious" href="#page5">Previous page</a><a class="chartNext" href="#page7">Next page</a></div>
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|
<div id="page7" class="chartArea">
|
|
<h2>Expenditures, by Income Quartile</h2>
|
|
<p>For <abbr class="spell">CU</abbr>s aged 65 or older, median expenditures in the highest income quartile ($59,500) were more than triple the median in the lowest income quartile ($19,116). In the lowest income quartile, expenditures at the 25<sup>th</sup> and 75<sup>th</sup> percentiles were $13,712 and $28,788, respectively; the corresponding values in the highest income quartile were $43,456 and $85,053. Although the difference in spending between the 25<sup>th</sup> and 75<sup>th</sup> expenditure percentiles was greater in absolute terms in the highest income quartile than in the lowest income quartile, in relative terms the patterns were quite similar. In both the highest and lowest income quartiles, expenditures at the 75<sup>th</sup> percentile were approximately twice as large as expenditures at the 25<sup>th</sup> percentile.</p>
|
|
<div class="svgChart chart700 no-bottom-margin"><img src="page07.svg" role="img" alt="C U expenditures, by income quartile. Box plot with tabular version below." /></div>
|
|
<table class="centeredData exp-table">
|
|
<colgroup span="1" style="width:7.9em"></colgroup>
|
|
<colgroup span="4" style="width:10.7em"></colgroup>
|
|
<thead class="hidden">
|
|
<tr>
|
|
<th class="stubHeading" scope="col"> </th>
|
|
<th class="spanner" scope="col">Lowest</th>
|
|
<th class="spanner" scope="col">Low-middle</th>
|
|
<th class="spanner" scope="col">High-middle</th>
|
|
<th class="spanner" scope="col">Highest</th>
|
|
</tr>
|
|
</thead>
|
|
<tbody>
|
|
<tr class="top-border" style="border-top-color:#cf1e29">
|
|
<th class="stub0" scope="row">75<sup>th</sup> percentile</th>
|
|
<td>28,788</td>
|
|
<td>39,100</td>
|
|
<td>50,906</td>
|
|
<td>85,053</td>
|
|
</tr>
|
|
<tr>
|
|
<th class="stub0" scope="row">Median</th>
|
|
<td>19,116</td>
|
|
<td>28,660</td>
|
|
<td>37,515</td>
|
|
<td>59,500</td>
|
|
</tr>
|
|
<tr>
|
|
<th class="stub0" scope="row">25<sup>th</sup> percentile</th>
|
|
<td>13,712</td>
|
|
<td>21,028</td>
|
|
<td>28,692</td>
|
|
<td>43,456</td>
|
|
</tr>
|
|
<tr class="topPad1">
|
|
<th class="stub0" scope="row">Mean (♦)</th>
|
|
<td>26,160</td>
|
|
<td>36,658</td>
|
|
<td>47,631</td>
|
|
<td>78,473</td>
|
|
</tr>
|
|
</tbody>
|
|
<tfoot>
|
|
<tr>
|
|
<td class="firstNote" style="border-top-color:#cf1e29" colspan="5">SOURCE: Interview portion of the 2020 Consumer Expenditure Survey. Means were computed using both the interview and diary portions of the survey.</td>
|
|
</tr>
|
|
</tfoot>
|
|
</table>
|
|
<nav>
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<div class="chartNav"><a class="chartPrevious" href="#page6">Previous page</a><a class="chartNext" href="#page8">Next page</a></div>
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|
|
<div id="page8" class="chartArea">
|
|
<h2>Per Capita Expenditures, by Income Quartile</h2>
|
|
<p>Median per capita expenditures for <abbr class="spell">CU</abbr>s aged 65 or older in the highest income quartile ($30,942) were nearly double those in the lowest income quartile ($16,380). Per capita expenditures at the 25<sup>th</sup> and 75<sup>th</sup> percentiles of the lowest income quartile were $11,796 and $23,540, respectively. In the highest income quartile, 25<sup>th</sup> and 75<sup>th</sup> percentile per capita expenditures were $19,784 and $47,712, respectively.</p>
|
|
<div class="svgChart chart700 no-bottom-margin"><img src="page08.svg" role="img" alt="Per capita C U expenditures, by income quartile. Box plot with tabular version below." /></div>
|
|
<table class="centeredData exp-table">
|
|
<caption class="hidden">Per capita <abbr class="spell">CU</abbr> expenditures, by income quartile</caption>
|
|
<colgroup span="1" style="width:7.9em"></colgroup>
|
|
<colgroup span="4" style="width:10.7em"></colgroup>
|
|
<thead class="hidden">
|
|
<tr>
|
|
<th class="stubHeading" scope="col"> </th>
|
|
<th class="spanner" scope="col">Lowest</th>
|
|
<th class="spanner" scope="col">Low-middle</th>
|
|
<th class="spanner" scope="col">High-middle</th>
|
|
<th class="spanner" scope="col">Highest</th>
|
|
</tr>
|
|
</thead>
|
|
<tbody>
|
|
<tr class="top-border" style="border-top-color:#cf1e29">
|
|
<th class="stub0" scope="row">75<sup>th</sup> percentile</th>
|
|
<td>23,540</td>
|
|
<td>30,565</td>
|
|
<td>31,696</td>
|
|
<td>47,712</td>
|
|
</tr>
|
|
<tr>
|
|
<th class="stub0" scope="row">Median</th>
|
|
<td>16,380</td>
|
|
<td>20,656</td>
|
|
<td>21,374</td>
|
|
<td>30,942</td>
|
|
</tr>
|
|
<tr>
|
|
<th class="stub0" scope="row">25<sup>th</sup> percentile</th>
|
|
<td>11,796</td>
|
|
<td>14,436</td>
|
|
<td>14,666</td>
|
|
<td>19,784</td>
|
|
</tr>
|
|
<tr class="topPad1">
|
|
<th class="stub0" scope="row">Mean (♦)</th>
|
|
<td>22,105</td>
|
|
<td>27,152</td>
|
|
<td>28,092</td>
|
|
<td>41,941</td>
|
|
</tr>
|
|
</tbody>
|
|
<tfoot>
|
|
<tr>
|
|
<td class="firstNote" style="border-top-color:#cf1e29" colspan="5">SOURCE: Interview portion of the 2020 Consumer Expenditure Survey. Means were computed using both the interview and diary portions of the survey.</td>
|
|
</tr>
|
|
</tfoot>
|
|
</table>
|
|
<nav>
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</div>
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<div id="page9" class="chartArea">
|
|
<h2>Expenditures, by Earned Income Status</h2>
|
|
<p>Almost three-quarters (71 percent) of <abbr class="spell">CU</abbr>s aged 65 or older had no earned income in 2020. The chart shows that more than a quarter (26.1 percent) of <abbr class="spell">CU</abbr>s with no earned income spent less than $20,000 annually, compared with 6 percent of those with earned income. Conversely, 44 percent of <abbr class="spell">CU</abbr>s with earned income spent $50,000 or more, compared with only 22 percent of <abbr class="spell">CU</abbr>s with no earned income. Median expenditures for <abbr class="spell">CU</abbr>s aged 65 or older with no earned income ($30,016) equaled 65 percent of median expenditures for those with earned income ($46,162) (not shown).</p>
|
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<div class="svgChart chart700"><img src="page09.svg" role="img" alt="Distribution of expenditures, by earned income status. Bar chart with tabular version below." />
|
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<div class="table altTable"><a class="altToggle" href="">Show as table</a>
|
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<table>
|
|
<caption>Table equivalent for chart. Distribution of expenditures, by earned income status</caption>
|
|
<colgroup span="1" style="width:12em"></colgroup>
|
|
<colgroup span="2" style="width:8em"></colgroup>
|
|
<thead>
|
|
<tr>
|
|
<th class="stubHeading" scope="col">Total expenditues ($)</th>
|
|
<th scope="col">With earned income</th>
|
|
<th scope="col">With no earned income</th>
|
|
</tr>
|
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</thead>
|
|
<tbody>
|
|
<tr>
|
|
<th class="stub0" scope="row">Less than 20,000</th>
|
|
<td>6.2</td>
|
|
<td>26.1</td>
|
|
</tr>
|
|
<tr>
|
|
<th class="stub0" scope="row"><span class="nobr">20,000–29,999</span></th>
|
|
<td>15.6</td>
|
|
<td>23.8</td>
|
|
</tr>
|
|
<tr>
|
|
<th class="stub0" scope="row"><span class="nobr">30,000–39,999</span></th>
|
|
<td>18.4</td>
|
|
<td>17.8</td>
|
|
</tr>
|
|
<tr>
|
|
<th class="stub0" scope="row"><span class="nobr">40,000–49,999</span></th>
|
|
<td>15.6</td>
|
|
<td>10.9</td>
|
|
</tr>
|
|
<tr>
|
|
<th class="stub0" scope="row"><span class="nobr">50,000–59,999</span></th>
|
|
<td>10.7</td>
|
|
<td>7.6</td>
|
|
</tr>
|
|
<tr>
|
|
<th class="stub0" scope="row"><span class="nobr">60,000–69,999</span></th>
|
|
<td>8.5</td>
|
|
<td>4.2</td>
|
|
</tr>
|
|
<tr>
|
|
<th class="stub0" scope="row"><span class="nobr">70,000–79,999</span></th>
|
|
<td>5.8</td>
|
|
<td>2.6</td>
|
|
</tr>
|
|
<tr>
|
|
<th class="stub0" scope="row"><span class="nobr">80,000–99,999</span></th>
|
|
<td>6.8</td>
|
|
<td>2.7</td>
|
|
</tr>
|
|
<tr>
|
|
<th class="stub0" scope="row">100,000 or more</th>
|
|
<td>12.5</td>
|
|
<td>4.4</td>
|
|
</tr>
|
|
</tbody>
|
|
<tfoot>
|
|
<tr>
|
|
<td class="onlyNote" colspan="3">SOURCE: Interview portion of the 2020 Consumer Expenditure Survey.</td>
|
|
</tr>
|
|
</tfoot>
|
|
</table>
|
|
</div>
|
|
</div>
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<nav>
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</div>
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|
<div id="page10" class="chartArea">
|
|
<h2>Components of Expenditures</h2>
|
|
<p>Housing was the largest component of expenditures (37 percent) for <abbr class="spell">CU</abbr>s aged 65 or older. Out-of-pocket health care (14 percent), transportation (13 percent), and food (12 percent) also composed substantial shares of expenditures. Smaller components included entertainment (5 percent) and apparel (2 percent). Other types of expenditures, including those for alcohol, personal care, reading materials, education, tobacco, miscellaneous items, cash contributions to persons or organizations outside the <abbr class="spell">CU</abbr>, personal insurance, pension contributions, and Social Security payroll taxes, accounted for 18 percent. Social Security payroll taxes and pension contributions together composed 5 percent of total expenditures. Per capita expenditures were similarly distributed.</p>
|
|
<div class="svgChart chart700"><img src="page10.svg" role="img" alt="Mean percentage allocated to components of total expenditures. Bar chart with tabular version below." />
|
|
<div class="table altTable"><a class="altToggle" href="">Show as table</a>
|
|
<table>
|
|
<caption>Table equivalent for chart. Mean percentage allocated to components of total expenditures</caption>
|
|
<colgroup span="1" style="width:12em"></colgroup>
|
|
<colgroup span="1" style="width:8em"></colgroup>
|
|
<thead>
|
|
<tr>
|
|
<th class="stubHeading" scope="col">Component</th>
|
|
<th scope="col">Percent</th>
|
|
</tr>
|
|
</thead>
|
|
<tbody>
|
|
<tr>
|
|
<th class="stub0" scope="row">Housing</th>
|
|
<td>36.8</td>
|
|
</tr>
|
|
<tr>
|
|
<th class="stub0" scope="row">Out-of-pocket health care</th>
|
|
<td>14.0</td>
|
|
</tr>
|
|
<tr>
|
|
<th class="stub0" scope="row">Transportation</th>
|
|
<td>13.1</td>
|
|
</tr>
|
|
<tr>
|
|
<th class="stub0" scope="row">Food</th>
|
|
<td>12.0</td>
|
|
</tr>
|
|
<tr>
|
|
<th class="stub0" scope="row">Entertainment</th>
|
|
<td>4.8</td>
|
|
</tr>
|
|
<tr>
|
|
<th class="stub0" scope="row">Apparel</th>
|
|
<td>1.7</td>
|
|
</tr>
|
|
<tr>
|
|
<th class="stub0" scope="row">Other</th>
|
|
<td>17.5</td>
|
|
</tr>
|
|
</tbody>
|
|
<tfoot>
|
|
<tr>
|
|
<td class="onlyNote" colspan="2">SOURCE: Interview and diary portions of the 2020 Consumer Expenditure Survey.</td>
|
|
</tr>
|
|
</tfoot>
|
|
</table>
|
|
</div>
|
|
</div>
|
|
<nav>
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<div id="page11" class="chartArea">
|
|
<h2>Components of Expenditures, by Earned Income Status</h2>
|
|
<p><abbr class="spell">CU</abbr>s aged 65 or older spent similar shares on most expenditure components regardless of whether they had earned income. For <abbr class="spell">CU</abbr>s with and without earned income, the respective shares of total expenditures were 34 percent and 39 percent for housing, 12 percent and 15 percent for out-of-pocket health care, 14 percent and 13 percent for transportation, and 11 percent and 13 percent for food. Entertainment and apparel respectively accounted for 5 percent and 2 percent of expenditures for <abbr class="spell">CU</abbr>s regardless of earned income status. Other expenditures differed significantly between the two groups, accounting for 23 percent of spending in <abbr class="spell">CU</abbr>s with earned income (which would incur Social Security payroll taxes or pension contributions) and 14 percent of spending in <abbr class="spell">CU</abbr>s with no earned income (which would not).</p>
|
|
<div class="svgChart chart700"><img src="page11.svg" role="img" alt="Mean percentage allocated to components of total expenditures, by earned income status. Bar chart with tabular version below." />
|
|
<div class="table altTable"><a class="altToggle" href="">Show as table</a>
|
|
<table>
|
|
<caption>Table equivalent for chart. Mean percentage allocated to components of total expenditures, by earned income status</caption>
|
|
<colgroup span="1" style="width:14em"></colgroup>
|
|
<colgroup span="2" style="width:8em"></colgroup>
|
|
<thead>
|
|
<tr>
|
|
<th class="stubHeading" scope="col">Component</th>
|
|
<th scope="col">With earned income</th>
|
|
<th scope="col">With no earned income</th>
|
|
</tr>
|
|
</thead>
|
|
<tbody>
|
|
<tr>
|
|
<th class="stub0" scope="row">Housing</th>
|
|
<td>33.9</td>
|
|
<td>38.7</td>
|
|
</tr>
|
|
<tr>
|
|
<th class="stub0" scope="row">Out-of-pocket health care</th>
|
|
<td>12.0</td>
|
|
<td>15.4</td>
|
|
</tr>
|
|
<tr>
|
|
<th class="stub0" scope="row">Transportation</th>
|
|
<td>13.5</td>
|
|
<td>12.9</td>
|
|
</tr>
|
|
<tr>
|
|
<th class="stub0" scope="row">Food</th>
|
|
<td>10.6</td>
|
|
<td>12.7</td>
|
|
</tr>
|
|
<tr>
|
|
<th class="stub0" scope="row">Entertainment</th>
|
|
<td>5.3</td>
|
|
<td>4.5</td>
|
|
</tr>
|
|
<tr>
|
|
<th class="stub0" scope="row">Apparel</th>
|
|
<td>1.7</td>
|
|
<td>1.7</td>
|
|
</tr>
|
|
<tr>
|
|
<th class="stub0" scope="row">Other</th>
|
|
<td>23.0</td>
|
|
<td>14.1</td>
|
|
</tr>
|
|
</tbody>
|
|
<tfoot>
|
|
<tr>
|
|
<td class="onlyNote" colspan="3">SOURCE: Interview and diary portions of the 2020 Consumer Expenditure Survey.</td>
|
|
</tr>
|
|
</tfoot>
|
|
</table>
|
|
</div>
|
|
</div>
|
|
<nav>
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</div>
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|
<div id="page12" class="chartArea">
|
|
<h2>Components of Expenditures, by Selected Income Quartile</h2>
|
|
<p>The proportion of expenditures allocated for housing, food, and out-of-pocket health care was 30 percent higher for <abbr class="spell">CU</abbr>s in the lowest income quartile than for those in the highest income quartile. <abbr class="spell">CU</abbr>s aged 65 or older in the lowest income quartile spent 42 percent of their total expenditures on housing, compared with 34 percent for those in the highest income quartile. Out-of-pocket spending for health care accounted for 16 percent of expenditures in the lowest income quartile and for 12 percent in the highest quartile. Transportation accounted for 13 percent of expenditures for <abbr class="spell">CU</abbr>s in the highest income quartile and for 12 percent among <abbr class="spell">CU</abbr>s in the lowest quartile. Food made up 15 percent of expenditures for <abbr class="spell">CU</abbr>s in the lowest income quartile and 10 percent for those in the highest income quartile. Both income groups allocated similar percentages to entertainment and apparel. Other expenditures accounted for 25 percent of the total among <abbr class="spell">CU</abbr>s in the highest income quartile, but only 9 percent among <abbr class="spell">CU</abbr>s in the lowest income quartile.</p>
|
|
<div class="svgChart chart700"><img src="page12.svg" role="img" alt="Percentage of expenditures allocated to each category, by selected income quartile. Bar chart with tabular version below." />
|
|
<div class="table altTable"><a class="altToggle" href="">Show as table</a>
|
|
<table>
|
|
<caption>Table equivalent for chart. Percentage of expenditures allocated to each category, by selected income quartile</caption>
|
|
<colgroup span="1" style="width:14em"></colgroup>
|
|
<colgroup span="2" style="width:8em"></colgroup>
|
|
<thead>
|
|
<tr>
|
|
<th class="stubHeading" scope="col">Component</th>
|
|
<th scope="col">Lowest</th>
|
|
<th scope="col">Highest</th>
|
|
</tr>
|
|
</thead>
|
|
<tbody>
|
|
<tr>
|
|
<th class="stub0" scope="row">Housing</th>
|
|
<td>41.7</td>
|
|
<td>33.8</td>
|
|
</tr>
|
|
<tr>
|
|
<th class="stub0" scope="row">Out-of-pocket health care</th>
|
|
<td>15.7</td>
|
|
<td>11.6</td>
|
|
</tr>
|
|
<tr>
|
|
<th class="stub0" scope="row">Transportation</th>
|
|
<td>11.8</td>
|
|
<td>13.2</td>
|
|
</tr>
|
|
<tr>
|
|
<th class="stub0" scope="row">Food</th>
|
|
<td>14.8</td>
|
|
<td>10.3</td>
|
|
</tr>
|
|
<tr>
|
|
<th class="stub0" scope="row">Entertainment</th>
|
|
<td>4.7</td>
|
|
<td>5.0</td>
|
|
</tr>
|
|
<tr>
|
|
<th class="stub0" scope="row">Apparel</th>
|
|
<td>2.1</td>
|
|
<td>1.6</td>
|
|
</tr>
|
|
<tr>
|
|
<th class="stub0" scope="row">Other</th>
|
|
<td>9.2</td>
|
|
<td>24.6</td>
|
|
</tr>
|
|
</tbody>
|
|
<tfoot>
|
|
<tr>
|
|
<td class="onlyNote" colspan="3">SOURCE: Interview and diary portions of the 2020 Consumer Expenditure Survey.</td>
|
|
</tr>
|
|
</tfoot>
|
|
</table>
|
|
</div>
|
|
</div>
|
|
<nav>
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<div class="chartNav"><a class="chartPrevious" href="#page11">Previous page</a><a class="chartNext" href="#page13">Next page</a></div>
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</div>
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<div id="page13" class="chartArea" onfocus="window.scrollTo(0,0)">
|
|
<h1><abbr class="spell">CU</abbr>s, by Age</h1>
|
|
<h2>Total Expenditures</h2>
|
|
<p>Expenditure amounts varied by age. This section of the chartbook examines three age groups: <span class="nobr">55–64,</span> <span class="nobr">65–74,</span> and 75 or older. Median expenditures for <abbr class="spell">CU</abbr>s aged <span class="nobr">55–64</span> ($46,635) were 55 percent higher than those of <abbr class="spell">CU</abbr>s aged 75 or older ($30,124). For <abbr class="spell">CU</abbr>s aged <span class="nobr">55–64,</span> 25<sup>th</sup> and 75<sup>th</sup> percentile expenditures were $29,071 and $74,345, respectively; the corresponding values for <abbr class="spell">CU</abbr>s aged 75 or older were $19,396 and $46,636. Per capita expenditures followed the same pattern.</p>
|
|
<div class="svgChart chart700 no-bottom-margin"><img src="page13.svg" role="img" alt="Total expenditures, by age of reference person. Box plot with tabular version below." /></div>
|
|
<table class="centeredData exp-table" style="margin-top:-1.4em">
|
|
<caption class="hidden">Total expenditures, by age of reference person</caption>
|
|
<colgroup>
|
|
<col style="width:7.9em">
|
|
<col style="width:11em">
|
|
<col style="width:10.2em">
|
|
<col style="width:13.1em">
|
|
<col class="shaded" style="width:10.6em">
|
|
</colgroup>
|
|
<thead class="hidden">
|
|
<tr>
|
|
<th class="stubHeading" scope="col"> </th>
|
|
<th class="spanner" scope="col">55–64</th>
|
|
<th class="spanner" scope="col">65–74</th>
|
|
<th class="spanner" scope="col">75 or older</th>
|
|
<th class="spanner" scope="col">65 or older</th>
|
|
</tr>
|
|
</thead>
|
|
<tbody>
|
|
<tr class="top-border" style="border-top-color:#cf1e29">
|
|
<th class="stub0" scope="row">75<sup>th</sup> percentile</th>
|
|
<td>74,345</td>
|
|
<td>57,732</td>
|
|
<td style="padding-right:30px">46,636</td>
|
|
<td>53,172</td>
|
|
</tr>
|
|
<tr>
|
|
<th class="stub0" scope="row">Median</th>
|
|
<td>46,635</td>
|
|
<td>37,384</td>
|
|
<td style="padding-right:30px">30,124</td>
|
|
<td>34,088</td>
|
|
</tr>
|
|
<tr>
|
|
<th class="stub0" scope="row">25<sup>th</sup> percentile</th>
|
|
<td>29,071</td>
|
|
<td>24,684</td>
|
|
<td style="padding-right:30px">19,396</td>
|
|
<td>22,032</td>
|
|
</tr>
|
|
<tr class="topPad1">
|
|
<th class="stub0" scope="row">Mean (♦)</th>
|
|
<td>64,048</td>
|
|
<td>52,245</td>
|
|
<td style="padding-right:30px">40,716</td>
|
|
<td>47,457</td>
|
|
</tr>
|
|
</tbody>
|
|
<tfoot>
|
|
<tr>
|
|
<td class="firstNote" style="border-top-color:#cf1e29" colspan="5">SOURCE: Interview portion of the 2020 Consumer Expenditure Survey. Means were computed using both the interview and diary portions of the survey.</td>
|
|
</tr>
|
|
</tfoot>
|
|
</table>
|
|
<nav>
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|
<div id="page14" class="chartArea">
|
|
<h2>Components of Expenditures</h2>
|
|
<p>The distribution of spending among expenditure components varied by age, with the largest share going to housing for all age groups. Housing accounted for 33 percent of expenditures among <abbr class="spell">CU</abbr>s aged 55 to 64, 36 percent among <abbr class="spell">CU</abbr>s aged 65 to 74, and 39 percent among <abbr class="spell">CU</abbr>s aged 75 or older. <abbr class="spell">CU</abbr>s aged 75 or older allocated 16 percent of expenditures to out-of-pocket health care, while among <abbr class="spell">CU</abbr>s aged <span class="nobr">55–64</span> out-of-pocket health care costs accounted for 9 percent of expenditures. Compared with <abbr class="spell">CU</abbr>s aged <span class="nobr">55–64,</span> those aged 75 or older allocated less of their expenditures to transportation (10 percent versus 16 percent) and to other expenditures (17 percent versus 24 percent). The share of expenditures allocated to food was similar for all three age groups, ranging from 11 percent to 12 percent. <abbr class="spell">CU</abbr>s in all age groups allocated relatively small proportions of expenditures to entertainment (from 4 percent to 5 percent) and apparel (about 2 percent for each age group).</p>
|
|
<div class="svgChart chart700"><img src="page14.svg" role="img" alt="Mean percentage allocated to components of total expenditures, by age of reference person. Bar chart with tabular version below." />
|
|
<div class="table altTable"><a class="altToggle" href="">Show as table</a>
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<table>
|
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<caption>Table equivalent for chart. Mean percentage allocated to components of total expenditures, by age of reference person</caption>
|
|
<colgroup span="1" style="width:14em"></colgroup>
|
|
<colgroup span="3" style="width:8em"></colgroup>
|
|
<colgroup span="1" style="width:8em" class="shaded"></colgroup>
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<thead>
|
|
<tr>
|
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<th class="stubHeading" scope="col">Component</th>
|
|
<th scope="col"><span class="nobr">55–64</span></th>
|
|
<th scope="col"><span class="nobr">65–74</span></th>
|
|
<th scope="col">75 or older</th>
|
|
<th scope="col">65 or older</th>
|
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</tr>
|
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</thead>
|
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<tbody>
|
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<tr>
|
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<th class="stub0" scope="row">Housing</th>
|
|
<td>33.3</td>
|
|
<td>35.6</td>
|
|
<td>39.0</td>
|
|
<td>36.8</td>
|
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</tr>
|
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<tr>
|
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<th class="stub0" scope="row">Out-of-pocket health care</th>
|
|
<td>9.0</td>
|
|
<td>12.8</td>
|
|
<td>16.3</td>
|
|
<td>14.0</td>
|
|
</tr>
|
|
<tr>
|
|
<th class="stub0" scope="row">Transportation</th>
|
|
<td>16.0</td>
|
|
<td>14.7</td>
|
|
<td>10.3</td>
|
|
<td>13.1</td>
|
|
</tr>
|
|
<tr>
|
|
<th class="stub0" scope="row">Food</th>
|
|
<td>11.4</td>
|
|
<td>12.0</td>
|
|
<td>11.9</td>
|
|
<td>12.0</td>
|
|
</tr>
|
|
<tr>
|
|
<th class="stub0" scope="row">Entertainment</th>
|
|
<td>4.7</td>
|
|
<td>5.2</td>
|
|
<td>4.1</td>
|
|
<td>4.8</td>
|
|
</tr>
|
|
<tr>
|
|
<th class="stub0" scope="row">Apparel</th>
|
|
<td>1.9</td>
|
|
<td>1.8</td>
|
|
<td>1.5</td>
|
|
<td>1.7</td>
|
|
</tr>
|
|
<tr>
|
|
<th class="stub0" scope="row">Other</th>
|
|
<td>23.7</td>
|
|
<td>17.9</td>
|
|
<td>16.9</td>
|
|
<td>17.5</td>
|
|
</tr>
|
|
</tbody>
|
|
<tfoot>
|
|
<tr>
|
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<td class="onlyNote" colspan="5">SOURCE: Interview and diary portions of the 2020 Consumer Expenditure Survey.</td>
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</tr>
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</tfoot>
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</table>
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</div>
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</div>
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<nav>
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<div class="chartNav"><a class="chartPrevious" href="#page13">Previous page</a><a class="chartNext" href="#page15">Next page</a></div>
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<div id="page15" class="chartArea">
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<h2>Housing Expenditures</h2>
|
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<p>Housing was the largest component of expenditures for all three age groups. The median share of expenditures allocated to housing was about 39 percent for all three age groups. The median amount spent on housing declined for successively older groups, from $17,024 for <abbr class="spell">CU</abbr>s aged <span class="nobr">55–64</span> to $13,888 for <abbr class="spell">CU</abbr>s aged <span class="nobr">65–74</span> and $10,952 for <abbr class="spell">CU</abbr>s aged 75 or older. At the 25<sup>th</sup> and 75<sup>th</sup> percentiles, respective housing expenditures were $10,176 and $27,944 for <abbr class="spell">CU</abbr>s aged <span class="nobr">55–64</span> and $6,800 and $19,628 for <abbr class="spell">CU</abbr>s aged 75 or older. Per capita median housing expenditures were $8,881 for the <span class="nobr">55–64</span> age group and $7,744 for those aged 75 or older.</p>
|
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<div class="svgChart chart700 no-bottom-margin"><img src="page15.svg" role="img" alt="Housing expenditures as a percentage of total expenditures, by age of reference person. Box plot with tabular version below." /></div>
|
|
<table class="centeredData exp-table" style="margin-top:-1.4em">
|
|
<caption class="hidden">Housing expenditures as a percentage of total expenditures, by age of reference person</caption>
|
|
<colgroup>
|
|
<col style="width:7.9em">
|
|
<col style="width:11em">
|
|
<col style="width:10.2em">
|
|
<col style="width:13.1em">
|
|
<col class="shaded" style="width:10.6em">
|
|
</colgroup>
|
|
<thead class="hidden">
|
|
<tr>
|
|
<th class="stubHeading" scope="col"> </th>
|
|
<th class="spanner" scope="col">55–64</th>
|
|
<th class="spanner" scope="col">65–74</th>
|
|
<th class="spanner" scope="col">75 or older</th>
|
|
<th class="spanner" scope="col">65 or older</th>
|
|
</tr>
|
|
</thead>
|
|
<tbody>
|
|
<tr class="top-border" style="border-top-color:#cf1e29">
|
|
<th class="stub0" scope="row">75<sup>th</sup> percentile</th>
|
|
<td>51.7</td>
|
|
<td>51.5</td>
|
|
<td class="cellsRightPad47">53.2</td>
|
|
<td>52.3</td>
|
|
</tr>
|
|
<tr>
|
|
<th class="stub0" scope="row">Median</th>
|
|
<td>39.3</td>
|
|
<td>38.7</td>
|
|
<td class="cellsRightPad47">39.3</td>
|
|
<td>39.0</td>
|
|
</tr>
|
|
<tr>
|
|
<th class="stub0" scope="row">25<sup>th</sup> percentile</th>
|
|
<td>27.8</td>
|
|
<td>27.5</td>
|
|
<td class="cellsRightPad47">27.6</td>
|
|
<td>27.5</td>
|
|
</tr>
|
|
<tr class="topPad1">
|
|
<th class="stub0" scope="row">Mean (♦)</th>
|
|
<td>33.3</td>
|
|
<td>35.6</td>
|
|
<td class="cellsRightPad47">39.0</td>
|
|
<td>36.8</td>
|
|
</tr>
|
|
</tbody>
|
|
<tfoot>
|
|
<tr>
|
|
<td class="firstNote" style="border-top-color:#cf1e29" colspan="5">SOURCE: Interview portion of the 2020 Consumer Expenditure Survey. Means were computed using both the interview and diary portions of the survey.</td>
|
|
</tr>
|
|
</tfoot>
|
|
</table>
|
|
<div class="float-left mNoFloat" style="width:320px">
|
|
<div class="svgChart chart320 no-bottom-margin"><img src="page16a.svg" role="img" alt="Housing expenditures, by age of reference person. Box plot with tabular version below." /></div>
|
|
<table class="cellsRightPad8 exp-table" style="margin-top:-1.4em">
|
|
<caption class="hidden">Housing expenditures, by age of reference person</caption>
|
|
<colgroup>
|
|
<col style="width:7.2em">
|
|
<col style="width:4.1em">
|
|
<col style="width:4.1em">
|
|
<col style="width:4.5em">
|
|
<col class="shaded" style="width:4.1em">
|
|
</colgroup>
|
|
<thead class="hidden">
|
|
<tr>
|
|
<th class="stubHeading" scope="col"> </th>
|
|
<th scope="col">55–64</th>
|
|
<th scope="col">65–74</th>
|
|
<th scope="col">75 or older</th>
|
|
<th scope="col">65 or older</th>
|
|
</tr>
|
|
</thead>
|
|
<tbody>
|
|
<tr class="top-border" style="border-top-color:#cf1e29">
|
|
<th class="stub0" scope="row">75<sup>th</sup> percentile</th>
|
|
<td>27,944</td>
|
|
<td>23,068</td>
|
|
<td style="padding-right:1.1em">19,628</td>
|
|
<td>21,644</td>
|
|
</tr>
|
|
<tr>
|
|
<th class="stub0" scope="row">Median</th>
|
|
<td>17,024</td>
|
|
<td>13,888</td>
|
|
<td style="padding-right:1.1em">10,952</td>
|
|
<td>12,556</td>
|
|
</tr>
|
|
<tr>
|
|
<th class="stub0" scope="row">25<sup>th</sup> percentile</th>
|
|
<td>10,176</td>
|
|
<td>8,500</td>
|
|
<td style="padding-right:1.1em">6,800</td>
|
|
<td>7,716</td>
|
|
</tr>
|
|
<tr class="topPad1">
|
|
<th class="stub0" scope="row">Mean (♦)</th>
|
|
<td>21,321</td>
|
|
<td>18,605</td>
|
|
<td style="padding-right:1.1em">15,865</td>
|
|
<td>17,469</td>
|
|
</tr>
|
|
</tbody>
|
|
<tfoot>
|
|
<tr>
|
|
<td class="firstNote" style="border-top-color:#cf1e29" colspan="5">SOURCE: Interview portion of the 2020 Consumer Expenditure Survey. Means were computed using both the interview and diary portions of the survey.</td>
|
|
</tr>
|
|
</tfoot>
|
|
</table>
|
|
</div>
|
|
<div class="float-right mNoFloat" style="width:320px">
|
|
<div class="svgChart chart320 no-bottom-margin"><img src="page16b.svg" role="img" alt="Per capita housing expenditures, by age of reference person. Box plot with tabular version below." /></div>
|
|
<table class="cellsRightPad8 exp-table" style="margin-top:-1.4em">
|
|
<caption class="hidden">Per capita housing expenditures, by age of reference person</caption>
|
|
<colgroup>
|
|
<col style="width:7.2em">
|
|
<col style="width:4.1em">
|
|
<col style="width:4.1em">
|
|
<col style="width:4.5em">
|
|
<col class="shaded" style="width:4.1em">
|
|
</colgroup>
|
|
<thead class="hidden">
|
|
<tr>
|
|
<th class="stubHeading" scope="col"> </th>
|
|
<th scope="col">55–64</th>
|
|
<th scope="col">65–74</th>
|
|
<th scope="col">75 or older</th>
|
|
<th scope="col">65 or older</th>
|
|
</tr>
|
|
</thead>
|
|
<tbody>
|
|
<tr class="top-border" style="border-top-color:#cf1e29">
|
|
<th class="stub0" scope="row">75<sup>th</sup> percentile</th>
|
|
<td>14,652</td>
|
|
<td>14,108</td>
|
|
<td style="padding-right:1.1em">13,326</td>
|
|
<td>13,808</td>
|
|
</tr>
|
|
<tr>
|
|
<th class="stub0" scope="row">Median</th>
|
|
<td>8,881</td>
|
|
<td>8,232</td>
|
|
<td style="padding-right:1.1em">7,744</td>
|
|
<td>7,998</td>
|
|
</tr>
|
|
<tr>
|
|
<th class="stub0" scope="row">25<sup>th</sup> percentile</th>
|
|
<td>5,258</td>
|
|
<td>4,960</td>
|
|
<td style="padding-right:1.1em">4,578</td>
|
|
<td>4,792</td>
|
|
</tr>
|
|
<tr class="topPad1">
|
|
<th class="stub0" scope="row">Mean (♦)</th>
|
|
<td>11,343</td>
|
|
<td>11,541</td>
|
|
<td style="padding-right:1.1em">11,550</td>
|
|
<td>11,550</td>
|
|
</tr>
|
|
</tbody>
|
|
<tfoot>
|
|
<tr>
|
|
<td class="firstNote" style="border-top-color:#cf1e29" colspan="5">SOURCE: Interview portion of the 2020 Consumer Expenditure Survey. Means were computed using both the interview and diary portions of the survey.</td>
|
|
</tr>
|
|
</tfoot>
|
|
</table>
|
|
</div>
|
|
<nav>
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<div class="chartNav2up"><a class="chartPrevious" href="#page14">Previous page</a><a class="chartNext" href="#page17">Next page</a></div>
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<div class="shareChartPage">Share this page: https://www.ssa.gov/policy/docs/chartbooks/expenditures_aged/2020/exp-aged-2020.html#page15</div>
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</nav>
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</div>
|
|
<div id="page17" class="chartArea">
|
|
<h2>Housing Tenure</h2>
|
|
<p>Most <abbr class="spell">CU</abbr>s in all three age groups were homeowners, and the proportion of <abbr class="spell">CU</abbr>s that owned a home without a mortgage increased with age. <abbr class="spell">CU</abbr>s aged <span class="nobr">55–64</span> were the least likely to own a home without a mortgage (34 percent). Among <abbr class="spell">CU</abbr>s aged <span class="nobr">65–74,</span> 50 percent owned their homes with no mortgage. Among <abbr class="spell">CU</abbr>s aged 75 or older, the proportion that owned a home with no mortgage was more than three times the proportion that owned with a mortgage (62 percent compared with 18 percent). The mean percentage of total expenditures allocated to housing was lowest for homeowners without a mortgage (between 28 percent and 34 percent) and highest for <abbr class="spell">CU</abbr>s that rented a house or apartment (44 percent to 55 percent).</p>
|
|
<div class="svgChart chart700"><img src="page17a.svg" role="img" alt="Distribution of C Us, by housing tenure and age of reference person. Bar chart with tabular version below." />
|
|
<div class="table altTable"><a class="altToggle" href="">Show as table</a>
|
|
<table>
|
|
<caption>Table equivalent for chart. Distribution of <abbr class="spell">CU</abbr>s, by housing tenure and age of reference person</caption>
|
|
<colgroup span="1" style="width:12em"></colgroup>
|
|
<colgroup span="3" style="width:8em"></colgroup>
|
|
<colgroup span="1" style="width:8em" class="shaded"></colgroup>
|
|
<thead>
|
|
<tr>
|
|
<th class="stubHeading" scope="col">Housing tenure</th>
|
|
<th scope="col"><span class="nobr">55–64</span></th>
|
|
<th scope="col"><span class="nobr">65–74</span></th>
|
|
<th scope="col">75 or older</th>
|
|
<th scope="col">65 or older</th>
|
|
</tr>
|
|
</thead>
|
|
<tbody>
|
|
<tr>
|
|
<th class="stub0" scope="row">Owner with mortgage</th>
|
|
<td>41.5</td>
|
|
<td>30.7</td>
|
|
<td>17.8</td>
|
|
<td>25.3</td>
|
|
</tr>
|
|
<tr>
|
|
<th class="stub0" scope="row">Owner without mortgage</th>
|
|
<td>33.7</td>
|
|
<td>50.3</td>
|
|
<td>62.0</td>
|
|
<td>55.2</td>
|
|
</tr>
|
|
<tr>
|
|
<th class="stub0" scope="row">Renter</th>
|
|
<td>24.8</td>
|
|
<td>19.1</td>
|
|
<td>20.2</td>
|
|
<td>19.5</td>
|
|
</tr>
|
|
</tbody>
|
|
<tfoot>
|
|
<tr>
|
|
<td class="onlyNote" colspan="5">SOURCE: Interview and diary portions of the 2020 Consumer Expenditure Survey.</td>
|
|
</tr>
|
|
</tfoot>
|
|
</table>
|
|
</div>
|
|
</div>
|
|
<div class="svgChart chart700"><img src="page17b.svg" role="img" alt="Mean percentage allocated to housing expenditures, by housing tenure and age of reference person. Bar chart with tabular version below." />
|
|
<div class="table altTable"><a class="altToggle" href="">Show as table</a>
|
|
<table>
|
|
<caption>Table equivalent for chart. Mean percentage allocated to housing expenditures, by housing tenure and age of reference person</caption>
|
|
<colgroup span="1" style="width:12em"></colgroup>
|
|
<colgroup span="3" style="width:8em"></colgroup>
|
|
<colgroup span="1" style="width:8em" class="shaded"></colgroup>
|
|
<thead>
|
|
<tr>
|
|
<th class="stubHeading" scope="col">Housing tenure</th>
|
|
<th scope="col"><span class="nobr">55–64</span></th>
|
|
<th scope="col"><span class="nobr">65–74</span></th>
|
|
<th scope="col">75 or older</th>
|
|
<th scope="col">65 or older</th>
|
|
</tr>
|
|
</thead>
|
|
<tbody>
|
|
<tr>
|
|
<th class="stub0" scope="row">Owner with mortgage</th>
|
|
<td>33.3</td>
|
|
<td>38.6</td>
|
|
<td>40.9</td>
|
|
<td>39.1</td>
|
|
</tr>
|
|
<tr>
|
|
<th class="stub0" scope="row">Owner without mortgage</th>
|
|
<td>28.3</td>
|
|
<td>31.4</td>
|
|
<td>33.8</td>
|
|
<td>32.4</td>
|
|
</tr>
|
|
<tr>
|
|
<th class="stub0" scope="row">Renter</th>
|
|
<td>43.9</td>
|
|
<td>44.9</td>
|
|
<td>54.5</td>
|
|
<td>49.3</td>
|
|
</tr>
|
|
</tbody>
|
|
<tfoot>
|
|
<tr>
|
|
<td class="onlyNote" colspan="5">SOURCE: Interview and diary portions of the 2020 Consumer Expenditure Survey.</td>
|
|
</tr>
|
|
</tfoot>
|
|
</table>
|
|
</div>
|
|
</div>
|
|
<nav>
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<div class="chartNav"><a class="chartPrevious" href="#page15">Previous page</a><a class="chartNext" href="#page18">Next page</a></div>
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<div class="shareChartPage">Share this page: https://www.ssa.gov/policy/docs/chartbooks/expenditures_aged/2020/exp-aged-2020.html#page17</div>
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</nav>
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</div>
|
|
<div id="page18" class="chartArea">
|
|
<h2>Food Expenditures</h2>
|
|
<p>The median percentage of total expenditures spent on food was 15 percent for <abbr class="spell">CU</abbr>s aged <span class="nobr">55–64</span> and 16 percent for those in the two older age groups. Including all age groups, the 25<sup>th</sup> and 75<sup>th</sup> percentile values ranged from 10 percent to 23 percent, respectively. The median amount spent on food was 57 percent higher for <abbr class="spell">CU</abbr>s aged <span class="nobr">55–64</span> ($7,020) than for <abbr class="spell">CU</abbr>s aged 75 or older ($4,460). Median per capita food expenditures were 17 percent higher for <abbr class="spell">CU</abbr>s aged <span class="nobr">55–64</span> ($3,640) than for <abbr class="spell">CU</abbr>s aged 75 or older ($3,120).</p>
|
|
<div class="svgChart chart700 no-bottom-margin"><img src="page18.svg" role="img" alt="Food expenditures as a percentage of total expenditures, by age of reference person. Box plot with tabular version below." /></div>
|
|
<table class="centeredData exp-table" style="margin-top:-1.4em">
|
|
<caption class="hidden">Food expenditures as a percentage of total expenditures, by age of reference person</caption>
|
|
<colgroup>
|
|
<col style="width:7.9em">
|
|
<col style="width:11em">
|
|
<col style="width:10.2em">
|
|
<col style="width:13.1em">
|
|
<col class="shaded" style="width:10.6em">
|
|
</colgroup>
|
|
<thead class="hidden">
|
|
<tr>
|
|
<th class="stubHeading" scope="col"> </th>
|
|
<th class="spanner" scope="col">55–64</th>
|
|
<th class="spanner" scope="col">65–74</th>
|
|
<th class="spanner" scope="col">75 or older</th>
|
|
<th class="spanner" scope="col">65 or older</th>
|
|
</tr>
|
|
</thead>
|
|
<tbody>
|
|
<tr class="top-border" style="border-top-color:#cf1e29">
|
|
<th class="stub0" scope="row">75<sup>th</sup> percentile</th>
|
|
<td>22.1</td>
|
|
<td>22.4</td>
|
|
<td class="cellsRightPad47">22.7</td>
|
|
<td>22.5</td>
|
|
</tr>
|
|
<tr>
|
|
<th class="stub0" scope="row">Median</th>
|
|
<td>15.2</td>
|
|
<td>16.0</td>
|
|
<td class="cellsRightPad47">15.9</td>
|
|
<td>16.0</td>
|
|
</tr>
|
|
<tr>
|
|
<th class="stub0" scope="row">25<sup>th</sup> percentile</th>
|
|
<td>10.1</td>
|
|
<td>10.8</td>
|
|
<td class="cellsRightPad47">10.0</td>
|
|
<td>10.5</td>
|
|
</tr>
|
|
<tr class="topPad1">
|
|
<th class="stub0" scope="row">Mean (♦)</th>
|
|
<td>11.4</td>
|
|
<td>12.0</td>
|
|
<td class="cellsRightPad47">11.9</td>
|
|
<td>12.0</td>
|
|
</tr>
|
|
</tbody>
|
|
<tfoot>
|
|
<tr>
|
|
<td class="firstNote" style="border-top-color:#cf1e29" colspan="5">SOURCE: Interview portion of the 2020 Consumer Expenditure Survey. Means were computed using both the interview and diary portions of the survey.</td>
|
|
</tr>
|
|
</tfoot>
|
|
</table>
|
|
<div class="float-left mNoFloat" style="width:320px">
|
|
<div class="svgChart chart320 no-bottom-margin"><img src="page19a.svg" role="img" alt="Food expenditures, by age of reference person. Box plot with tabular version below." /></div>
|
|
<table class="centeredData exp-table" style="margin-top:-1.4em">
|
|
<caption class="hidden">Food expenditures, by age of reference person</caption>
|
|
<colgroup>
|
|
<col style="width:7.2em">
|
|
<col style="width:4.1em">
|
|
<col style="width:4.1em">
|
|
<col style="width:4.5em">
|
|
<col class="shaded" style="width:4.1em">
|
|
</colgroup>
|
|
<thead class="hidden">
|
|
<tr>
|
|
<th class="stubHeading" scope="col"> </th>
|
|
<th scope="col">55–64</th>
|
|
<th scope="col">65–74</th>
|
|
<th scope="col">75 or older</th>
|
|
<th scope="col">65 or older</th>
|
|
</tr>
|
|
</thead>
|
|
<tbody>
|
|
<tr class="top-border" style="border-top-color:#cf1e29">
|
|
<th class="stub0" scope="row">75<sup>th</sup> percentile</th>
|
|
<td>10,920</td>
|
|
<td>9,100</td>
|
|
<td class="cellsRightPad15">7,068</td>
|
|
<td>8,320</td>
|
|
</tr>
|
|
<tr>
|
|
<th class="stub0" scope="row">Median</th>
|
|
<td>7,020</td>
|
|
<td>5,980</td>
|
|
<td class="cellsRightPad15">4,460</td>
|
|
<td>5,200</td>
|
|
</tr>
|
|
<tr>
|
|
<th class="stub0" scope="row">25<sup>th</sup> percentile</th>
|
|
<td>4,264</td>
|
|
<td>3,728</td>
|
|
<td class="cellsRightPad15">2,860</td>
|
|
<td>3,380</td>
|
|
</tr>
|
|
<tr class="topPad1">
|
|
<th class="stub0" scope="row">Mean (♦)</th>
|
|
<td>7,299</td>
|
|
<td>6,260</td>
|
|
<td class="cellsRightPad15">4,829</td>
|
|
<td>5,681</td>
|
|
</tr>
|
|
</tbody>
|
|
<tfoot>
|
|
<tr>
|
|
<td class="firstNote" style="border-top-color:#cf1e29" colspan="5">SOURCE: Interview portion of the 2020 Consumer Expenditure Survey. Means were computed using both the interview and diary portions of the survey.</td>
|
|
</tr>
|
|
</tfoot>
|
|
</table>
|
|
</div>
|
|
<div class="float-right mNoFloat" style="width:320px">
|
|
<div class="svgChart chart320 no-bottom-margin"><img src="page19b.svg" role="img" alt="Per capita food expenditures, by age of reference person. Box plot with tabular version below." /></div>
|
|
<table class="centeredData exp-table" style="margin-top:-1.4em">
|
|
<caption class="hidden">Per capita food expenditures, by age of reference person</caption>
|
|
<colgroup>
|
|
<col style="width:7.2em">
|
|
<col style="width:4.1em">
|
|
<col style="width:4.1em">
|
|
<col style="width:4.5em">
|
|
<col class="shaded" style="width:4.1em">
|
|
</colgroup>
|
|
<thead class="hidden">
|
|
<tr>
|
|
<th class="stubHeading" scope="col"> </th>
|
|
<th scope="col">55–64</th>
|
|
<th scope="col">65–74</th>
|
|
<th scope="col">75 or older</th>
|
|
<th scope="col">65 or older</th>
|
|
</tr>
|
|
</thead>
|
|
<tbody>
|
|
<tr class="top-border" style="border-top-color:#cf1e29">
|
|
<th class="stub0" scope="row">75<sup>th</sup> percentile</th>
|
|
<td>5,200</td>
|
|
<td>5,200</td>
|
|
<td class="cellsRightPad15">4,680</td>
|
|
<td>4,993</td>
|
|
</tr>
|
|
<tr>
|
|
<th class="stub0" scope="row">Median</th>
|
|
<td>3,640</td>
|
|
<td>3,620</td>
|
|
<td class="cellsRightPad15">3,120</td>
|
|
<td>3,380</td>
|
|
</tr>
|
|
<tr>
|
|
<th class="stub0" scope="row">25<sup>th</sup> percentile</th>
|
|
<td>2,360</td>
|
|
<td>2,340</td>
|
|
<td class="cellsRightPad15">2,080</td>
|
|
<td>2,240</td>
|
|
</tr>
|
|
<tr class="topPad1">
|
|
<th class="stub0" scope="row">Mean (♦)</th>
|
|
<td>3,712</td>
|
|
<td>3,624</td>
|
|
<td class="cellsRightPad15">3,326</td>
|
|
<td>3,503</td>
|
|
</tr>
|
|
</tbody>
|
|
<tfoot>
|
|
<tr>
|
|
<td class="firstNote" style="border-top-color:#cf1e29" colspan="5">SOURCE: Interview portion of the 2020 Consumer Expenditure Survey. Means were computed using both the interview and diary portions of the survey.</td>
|
|
</tr>
|
|
</tfoot>
|
|
</table>
|
|
</div>
|
|
<nav>
|
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<div class="chartNav2up"><a class="chartPrevious" href="#page17">Previous page</a><a class="chartNext" href="#page20">Next page</a></div>
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<div class="shareChartPage">Share this page: https://www.ssa.gov/policy/docs/chartbooks/expenditures_aged/2020/exp-aged-2020.html#page18</div>
|
|
</nav>
|
|
</div>
|
|
<div id="page20" class="chartArea">
|
|
<h2>Food Prepared and Eaten at Home</h2>
|
|
<p>Older age groups allocated a larger share of food expenditures to food prepared and eaten at home than did younger age groups. <abbr class="spell">CU</abbr>s aged 75 or older were more likely to allocate 95 percent or more of their food expenditures to food prepared and eaten at home than were <abbr class="spell">CU</abbr>s aged <span class="nobr">55–64</span> (48 percent compared with 31 percent). The average percentage of food expenditures allocated to food prepared and eaten at home was 70 percent for <abbr class="spell">CU</abbr>s aged <span class="nobr">55–64,</span> 73 percent for <abbr class="spell">CU</abbr>s aged <span class="nobr">65–74,</span> and 75 percent for <abbr class="spell">CU</abbr>s aged 75 or older (not shown).</p>
|
|
<div class="svgChart chart700"><img src="page20.svg" role="img" alt="Percentage of C Us spending 95 percent or more of food expenditures on food prepared at home, by age of reference person. Bar chart with tabular version below." />
|
|
<div class="table altTable"><a class="altToggle" href="">Show as table</a>
|
|
<table>
|
|
<caption>Table equivalent for chart. Percentage of <abbr class="spell">CU</abbr>s spending 95 percent or more of food expenditures on food prepared at home, by age of reference person</caption>
|
|
<colgroup span="1" style="width:12em"></colgroup>
|
|
<colgroup span="1" style="width:8em"></colgroup>
|
|
<thead>
|
|
<tr>
|
|
<th class="stubHeading" scope="col">Age group</th>
|
|
<th scope="col">Percent</th>
|
|
</tr>
|
|
</thead>
|
|
<tbody>
|
|
<tr>
|
|
<th class="stub0" scope="row"><span class="nobr">55–64</span></th>
|
|
<td>30.5</td>
|
|
</tr>
|
|
<tr>
|
|
<th class="stub0" scope="row"><span class="nobr">65–74</span></th>
|
|
<td>35.2</td>
|
|
</tr>
|
|
<tr>
|
|
<th class="stub0" scope="row">75 or older</th>
|
|
<td>48.0</td>
|
|
</tr>
|
|
<tr class="topPad1">
|
|
<th class="stub0" scope="row">65 or older</th>
|
|
<td>40.5</td>
|
|
</tr>
|
|
</tbody>
|
|
<tfoot>
|
|
<tr>
|
|
<td class="onlyNote" colspan="2">SOURCE: Interview portion of the 2020 Consumer Expenditure Survey.</td>
|
|
</tr>
|
|
</tfoot>
|
|
</table>
|
|
</div>
|
|
</div>
|
|
<nav>
|
|
<div class="chartNav"><a class="chartPrevious" href="#page18">Previous page</a><a class="chartNext" href="#page21">Next page</a></div>
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<div class="shareChartPage">Share this page: https://www.ssa.gov/policy/docs/chartbooks/expenditures_aged/2020/exp-aged-2020.html#page20</div>
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|
</nav>
|
|
</div>
|
|
<div id="page21" class="chartArea">
|
|
<h2>Out-of-Pocket Health Care Expenditures</h2>
|
|
<p>Median out-of-pocket health care expenditures ranged from 7 percent of total expenditures for <abbr class="spell">CU</abbr>s aged <span class="nobr">55–64</span> to 16 percent for those aged 75 or older. From the 25<sup>th</sup> to the 75<sup>th</sup> percentiles, the share of total expenditures allocated to health care ranged from 2 percent to 14 percent for <abbr class="spell">CU</abbr>s aged <span class="nobr">55–64</span> and from 10 percent to 24 percent for <abbr class="spell">CU</abbr>s aged 75 or older. Median out-of-pocket health care expenditures for <abbr class="spell">CU</abbr>s aged 75 or older ($4,680) were 38 percent higher than those of <abbr class="spell">CU</abbr>s aged <span class="nobr">55–64</span> ($3,380) but were almost double on a per capita basis ($3,342 compared with $1,774). The Consumer Expenditure Survey covers the noninstitutionalized population and therefore omits nursing home residents and their expenditures.</p>
|
|
<div class="svgChart chart700 no-bottom-margin"><img src="page21.svg" role="img" alt="Out-of-pocket health care expenditures as a percentage of total expenditures, by age of reference person. Box plot with tabular version below." /></div>
|
|
<table class="exp-table" style="margin-top:-1.4em">
|
|
<caption class="hidden">Out-of-pocket health care expenditures as a percentage of total expenditures, by age of reference person</caption>
|
|
<colgroup>
|
|
<col style="width:7.9em">
|
|
<col style="width:11em">
|
|
<col style="width:10.2em">
|
|
<col style="width:13.1em">
|
|
<col class="shaded" style="width:10.6em">
|
|
</colgroup>
|
|
<thead class="hidden">
|
|
<tr>
|
|
<th class="stubHeading" scope="col"> </th>
|
|
<th class="spanner" scope="col">55–64</th>
|
|
<th class="spanner" scope="col">65–74</th>
|
|
<th class="spanner" scope="col">75 or older</th>
|
|
<th class="spanner" scope="col">65 or older</th>
|
|
</tr>
|
|
</thead>
|
|
<tbody>
|
|
<tr class="top-border" style="border-top-color:#cf1e29">
|
|
<th class="stub0" scope="row">75<sup>th</sup> percentile</th>
|
|
<td class="cellsRightPad60">13.6</td>
|
|
<td style="padding-right:55px">19.9</td>
|
|
<td class="cellsRightPad88">24.3</td>
|
|
<td class="cellsRightPad60">21.7</td>
|
|
</tr>
|
|
<tr>
|
|
<th class="stub0" scope="row">Median</th>
|
|
<td class="cellsRightPad60">7.1</td>
|
|
<td style="padding-right:55px">13.5</td>
|
|
<td class="cellsRightPad88">16.1</td>
|
|
<td class="cellsRightPad60">14.6</td>
|
|
</tr>
|
|
<tr>
|
|
<th class="stub0" scope="row">25<sup>th</sup> percentile</th>
|
|
<td class="cellsRightPad60">2.1</td>
|
|
<td style="padding-right:55px">8.4</td>
|
|
<td class="cellsRightPad88">10.2</td>
|
|
<td class="cellsRightPad60">9.1</td>
|
|
</tr>
|
|
<tr class="topPad1">
|
|
<th class="stub0" scope="row">Mean (♦)</th>
|
|
<td class="cellsRightPad60">9.0</td>
|
|
<td style="padding-right:55px">12.8</td>
|
|
<td class="cellsRightPad88">16.3</td>
|
|
<td class="cellsRightPad60">14.0</td>
|
|
</tr>
|
|
</tbody>
|
|
<tfoot>
|
|
<tr>
|
|
<td class="firstNote" style="border-top-color:#cf1e29" colspan="5">SOURCE: Interview portion of the 2020 Consumer Expenditure Survey. Means were computed using both the interview and diary portions of the survey.</td>
|
|
</tr>
|
|
</tfoot>
|
|
</table>
|
|
<div class="float-left mNoFloat" style="width:320px">
|
|
<div class="svgChart chart320 no-bottom-margin"><img src="page22a.svg" role="img" alt="Out-of-pocket health care expenditures, by age of reference person. Box plot with tabular version below." /></div>
|
|
<table class="cellsRightPad12 exp-table" style="margin-top:-1.4em">
|
|
<caption class="hidden">Out-of-pocket health care expenditures, by age of reference person</caption>
|
|
<colgroup>
|
|
<col style="width:7.2em">
|
|
<col style="width:4.1em">
|
|
<col style="width:4.1em">
|
|
<col style="width:4.5em">
|
|
<col class="shaded" style="width:4.1em">
|
|
</colgroup>
|
|
<thead class="hidden">
|
|
<tr>
|
|
<th class="stubHeading" scope="col"> </th>
|
|
<th scope="col">55–64</th>
|
|
<th scope="col">65–74</th>
|
|
<th scope="col">75 or older</th>
|
|
<th scope="col">65 or older</th>
|
|
</tr>
|
|
</thead>
|
|
<tbody>
|
|
<tr class="top-border" style="border-top-color:#cf1e29">
|
|
<th class="stub0" scope="row">75<sup>th</sup> percentile</th>
|
|
<td>7,240</td>
|
|
<td>8,024</td>
|
|
<td class="cellsRightPad18">7,664</td>
|
|
<td>7,880</td>
|
|
</tr>
|
|
<tr>
|
|
<th class="stub0" scope="row">Median</th>
|
|
<td>3,380</td>
|
|
<td>4,704</td>
|
|
<td class="cellsRightPad18">4,680</td>
|
|
<td>4,688</td>
|
|
</tr>
|
|
<tr>
|
|
<th class="stub0" scope="row">25<sup>th</sup> percentile</th>
|
|
<td>988</td>
|
|
<td>2,928</td>
|
|
<td class="cellsRightPad18">2,736</td>
|
|
<td>2,820</td>
|
|
</tr>
|
|
<tr class="topPad1">
|
|
<th class="stub0" scope="row">Mean (♦)</th>
|
|
<td>5,770</td>
|
|
<td>6,682</td>
|
|
<td class="cellsRightPad18">6,629</td>
|
|
<td>6,661</td>
|
|
</tr>
|
|
</tbody>
|
|
<tfoot>
|
|
<tr>
|
|
<td class="firstNote" style="border-top-color:#cf1e29" colspan="5">SOURCE: Interview portion of the 2020 Consumer Expenditure Survey. Means were computed using both the interview and diary portions of the survey.</td>
|
|
</tr>
|
|
</tfoot>
|
|
</table>
|
|
</div>
|
|
<div class="float-right mNoFloat" style="width:320px">
|
|
<div class="svgChart chart320 no-bottom-margin"><img src="page22b.svg" role="img" alt="Per capita out-of-pocket health care expenditures, by age of reference person. Box plot with tabular version below." /></div>
|
|
<table class="cellsRightPad12 exp-table" style="margin-top:-1.4em">
|
|
<caption class="hidden">Per capita out-of-pocket health care expenditures, by age of reference person</caption>
|
|
<colgroup>
|
|
<col style="width:7.2em">
|
|
<col style="width:4.1em">
|
|
<col style="width:4.1em">
|
|
<col style="width:4.5em">
|
|
<col class="shaded" style="width:4.1em">
|
|
</colgroup>
|
|
<thead class="hidden">
|
|
<tr>
|
|
<th class="stubHeading" scope="col"> </th>
|
|
<th scope="col">55–64</th>
|
|
<th scope="col">65–74</th>
|
|
<th scope="col">75 or older</th>
|
|
<th scope="col">65 or older</th>
|
|
</tr>
|
|
</thead>
|
|
<tbody>
|
|
<tr class="top-border" style="border-top-color:#cf1e29">
|
|
<th class="stub0" scope="row">75<sup>th</sup> percentile</th>
|
|
<td>3,580</td>
|
|
<td>4,698</td>
|
|
<td class="cellsRightPad18">5,224</td>
|
|
<td>4,968</td>
|
|
</tr>
|
|
<tr>
|
|
<th class="stub0" scope="row">Median</th>
|
|
<td>1,774</td>
|
|
<td>2,968</td>
|
|
<td class="cellsRightPad18">3,342</td>
|
|
<td>3,112</td>
|
|
</tr>
|
|
<tr>
|
|
<th class="stub0" scope="row">25<sup>th</sup> percentile</th>
|
|
<td>516</td>
|
|
<td>1,772</td>
|
|
<td class="cellsRightPad18">1,940</td>
|
|
<td>1,832</td>
|
|
</tr>
|
|
<tr class="topPad1">
|
|
<th class="stub0" scope="row">Mean (♦)</th>
|
|
<td>2,935</td>
|
|
<td>3,959</td>
|
|
<td class="cellsRightPad18">4,511</td>
|
|
<td>4,191</td>
|
|
</tr>
|
|
</tbody>
|
|
<tfoot>
|
|
<tr>
|
|
<td class="firstNote" style="border-top-color:#cf1e29" colspan="5">SOURCE: Interview portion of the 2020 Consumer Expenditure Survey. Means were computed using both the interview and diary portions of the survey.</td>
|
|
</tr>
|
|
</tfoot>
|
|
</table>
|
|
</div>
|
|
<nav>
|
|
<div class="chartNav2up"><a class="chartPrevious" href="#page20">Previous page</a><a class="chartNext" href="#page23">Next page</a></div>
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<div class="shareChartPage">Share this page: https://www.ssa.gov/policy/docs/chartbooks/expenditures_aged/2020/exp-aged-2020.html#page21</div>
|
|
</nav>
|
|
</div>
|
|
<div id="page23" class="chartArea">
|
|
<h2>Components of Out-of-Pocket Health Care Expenditures</h2>
|
|
<p>Health insurance premiums accounted for the largest share of out-of-pocket health care expenditures, comprising more than <span class="nobr">two-thirds</span> of the total for all three age groups. Medical services were the second largest component of health care expenditures for <abbr class="spell">CU</abbr>s, accounting for 12 percent to 20 percent of the total. Drugs were the third largest component, comprising 10 percent to 11 percent of out-of-pocket health care expenditures. Medical supplies accounted for only about 3 percent to 4 percent of out-of-pocket health care expenditures for all age groups.</p>
|
|
<div class="svgChart chart700"><img src="page23.svg" role="img" alt="Mean percentage allocated to components of out-of-pocket health care expenditures, by age of reference person. Bar chart with tabular version below." />
|
|
<div class="table altTable"><a class="altToggle" href="">Show as table</a>
|
|
<table>
|
|
<caption>Table equivalent for chart. Mean percentage allocated to components of out-of-pocket health care expenditures, by age of reference person</caption>
|
|
<colgroup span="1" style="width:12em"></colgroup>
|
|
<colgroup span="3" style="width:8em"></colgroup>
|
|
<colgroup span="1" style="width:8em" class="shaded"></colgroup>
|
|
<thead>
|
|
<tr>
|
|
<th class="stubHeading" scope="col">Component</th>
|
|
<th scope="col"><span class="nobr">55–64</span></th>
|
|
<th scope="col"><span class="nobr">65–74</span></th>
|
|
<th scope="col">75 or older</th>
|
|
<th scope="col">65 or older</th>
|
|
</tr>
|
|
</thead>
|
|
<tbody>
|
|
<tr>
|
|
<th class="stub0" scope="row">Health insurance <sup>a</sup></th>
|
|
<td>67.6</td>
|
|
<td>73.4</td>
|
|
<td>72.4</td>
|
|
<td>73.0</td>
|
|
</tr>
|
|
<tr>
|
|
<th class="stub0" scope="row">Medical services <sup>b</sup></th>
|
|
<td>19.6</td>
|
|
<td>12.3</td>
|
|
<td>13.0</td>
|
|
<td>12.6</td>
|
|
</tr>
|
|
<tr>
|
|
<th class="stub0" scope="row">Drugs</th>
|
|
<td>9.9</td>
|
|
<td>10.6</td>
|
|
<td>10.7</td>
|
|
<td>10.7</td>
|
|
</tr>
|
|
<tr>
|
|
<th class="stub0" scope="row">Medical supplies <sup>c</sup></th>
|
|
<td>2.9</td>
|
|
<td>3.6</td>
|
|
<td>3.9</td>
|
|
<td>3.8</td>
|
|
</tr>
|
|
</tbody>
|
|
<tfoot>
|
|
<tr>
|
|
<td class="firstNote" colspan="5">SOURCE: Interview and diary portions of the 2020 Consumer Expenditure Survey.</td>
|
|
</tr>
|
|
<tr>
|
|
<td class="note" colspan="5">a. Includes fee-for-service health plans, preferred-provider health plans, health maintenance organizations, commercial Medicare supplements, Medicare payments, and other health insurance.</td>
|
|
</tr>
|
|
<tr>
|
|
<td class="note" colspan="5">b. Includes hospital room and services, professional and physicians' services, eye and dental care, lab tests and <span class="nobr">X-rays,</span> medical care in a retirement community and convalescent or nursing home, and other medical care service.</td>
|
|
</tr>
|
|
<tr>
|
|
<td class="lastNote" colspan="5">c. Includes antiseptics, dressings and bandages, first aid kits, contraceptives, syringes, ice bags, thermometers, vaporizers, heating pads, medical appliances (such as braces, canes, crutches, walkers, eyeglasses, and hearing aids), and rental and repair of medical equipment.</td>
|
|
</tr>
|
|
</tfoot>
|
|
</table>
|
|
</div>
|
|
</div>
|
|
<nav>
|
|
<div class="chartNav"><a class="chartPrevious" href="#page21">Previous page</a><a class="chartNext" href="#page24">Next page</a></div>
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<div class="shareChartPage">Share this page: https://www.ssa.gov/policy/docs/chartbooks/expenditures_aged/2020/exp-aged-2020.html#page23</div>
|
|
</nav>
|
|
</div>
|
|
<div id="page24" class="chartArea">
|
|
<h2>Transportation Expenditures</h2>
|
|
<p>Transportation expenditures were lower for <abbr class="spell">CU</abbr>s aged 75 or older than for those aged <span class="nobr">55–64,</span> whether expressed as the median percentage of total expenditures allocated to transportation (6 percent compared with 12 percent), median total transportation expenditures ($1,960 compared with $5,424), or median per capita transportation expenditures ($1,302 compared with $2,680).</p>
|
|
<div class="svgChart chart700 no-bottom-margin"><img src="page24.svg" role="img" alt="Transportation expenditures as a percentage of total expenditures, by age of reference person. Box plot with tabular version below." /></div>
|
|
<table class="exp-table" style="margin-top:-1.4em">
|
|
<caption class="hidden">Transportation expenditures as a percentage of total expenditures, by age of reference person</caption>
|
|
<colgroup>
|
|
<col style="width:7.9em">
|
|
<col style="width:11em">
|
|
<col style="width:10.2em">
|
|
<col style="width:13.1em">
|
|
<col class="shaded" style="width:10.6em">
|
|
</colgroup>
|
|
<thead class="hidden">
|
|
<tr>
|
|
<th class="stubHeading" scope="col"> </th>
|
|
<th class="spanner" scope="col">55–64</th>
|
|
<th class="spanner" scope="col">65–74</th>
|
|
<th class="spanner" scope="col">75 or older</th>
|
|
<th class="spanner" scope="col">65 or older</th>
|
|
</tr>
|
|
</thead>
|
|
<tbody>
|
|
<tr class="top-border" style="border-top-color:#cf1e29">
|
|
<th class="stub0" scope="row">75<sup>th</sup> percentile</th>
|
|
<td class="cellsRightPad60">19.2</td>
|
|
<td style="padding-right:55px">17.6</td>
|
|
<td class="cellsRightPad88">12.7</td>
|
|
<td class="cellsRightPad60">15.4</td>
|
|
</tr>
|
|
<tr>
|
|
<th class="stub0" scope="row">Median</th>
|
|
<td class="cellsRightPad60">11.5</td>
|
|
<td style="padding-right:55px">9.6</td>
|
|
<td class="cellsRightPad88">6.4</td>
|
|
<td class="cellsRightPad60">8.3</td>
|
|
</tr>
|
|
<tr>
|
|
<th class="stub0" scope="row">25<sup>th</sup> percentile</th>
|
|
<td class="cellsRightPad60">5.9</td>
|
|
<td style="padding-right:55px">4.7</td>
|
|
<td class="cellsRightPad88">2.1</td>
|
|
<td class="cellsRightPad60">3.5</td>
|
|
</tr>
|
|
<tr class="topPad1">
|
|
<th class="stub0" scope="row">Mean (♦)</th>
|
|
<td class="cellsRightPad60">16.0</td>
|
|
<td style="padding-right:55px">14.7</td>
|
|
<td class="cellsRightPad88">10.3</td>
|
|
<td class="cellsRightPad60">13.1</td>
|
|
</tr>
|
|
</tbody>
|
|
<tfoot>
|
|
<tr>
|
|
<td class="firstNote" style="border-top-color:#cf1e29" colspan="5">SOURCE: Interview portion of the 2020 Consumer Expenditure Survey. Means were computed using both the interview and diary portions of the survey.</td>
|
|
</tr>
|
|
</tfoot>
|
|
</table>
|
|
<div class="float-left mNoFloat" style="width:320px">
|
|
<div class="svgChart chart320 no-bottom-margin"><img src="page25a.svg" role="img" alt="Transportation expenditures, by age of reference person. Box plot with tabular version below." /></div>
|
|
<table class="cellsRightPad12 exp-table" style="margin-top:-1.4em">
|
|
<caption class="hidden">Transportation expenditures, by age of reference person</caption>
|
|
<colgroup>
|
|
<col style="width:7.2em">
|
|
<col style="width:4.1em">
|
|
<col style="width:4.1em">
|
|
<col style="width:4.5em">
|
|
<col class="shaded" style="width:4.1em">
|
|
</colgroup>
|
|
<thead class="hidden">
|
|
<tr>
|
|
<th class="stubHeading" scope="col"> </th>
|
|
<th scope="col">55–64</th>
|
|
<th scope="col">65–74</th>
|
|
<th scope="col">75 or older</th>
|
|
<th scope="col">65 or older</th>
|
|
</tr>
|
|
</thead>
|
|
<tbody>
|
|
<tr class="top-border" style="border-top-color:#cf1e29">
|
|
<th class="stub0" scope="row">75<sup>th</sup> percentile</th>
|
|
<td>10,480</td>
|
|
<td>7,584</td>
|
|
<td class="cellsRightPad18">4,516</td>
|
|
<td>6,356</td>
|
|
</tr>
|
|
<tr>
|
|
<th class="stub0" scope="row">Median</th>
|
|
<td>5,424</td>
|
|
<td>3,792</td>
|
|
<td class="cellsRightPad18">1,960</td>
|
|
<td>2,856</td>
|
|
</tr>
|
|
<tr>
|
|
<th class="stub0" scope="row">25<sup>th</sup> percentile</th>
|
|
<td>2,380</td>
|
|
<td>1,676</td>
|
|
<td class="cellsRightPad18">576</td>
|
|
<td>1,184</td>
|
|
</tr>
|
|
<tr class="topPad1">
|
|
<th class="stub0" scope="row">Mean (♦)</th>
|
|
<td>10,241</td>
|
|
<td>7,669</td>
|
|
<td class="cellsRightPad18">4,206</td>
|
|
<td>6,216</td>
|
|
</tr>
|
|
</tbody>
|
|
<tfoot>
|
|
<tr>
|
|
<td class="firstNote" style="border-top-color:#cf1e29" colspan="5">SOURCE: Interview portion of the 2020 Consumer Expenditure Survey. Means were computed using both the interview and diary portions of the survey.</td>
|
|
</tr>
|
|
</tfoot>
|
|
</table>
|
|
</div>
|
|
<div class="float-right mNoFloat" style="width:320px">
|
|
<div class="svgChart chart320 no-bottom-margin"><img src="page25b.svg" role="img" alt="Per capita transportation expenditures, by age of reference person. Box plot with tabular version below." /></div>
|
|
<table class="cellsRightPad12 exp-table" style="margin-top:-1.4em">
|
|
<caption class="hidden">Per capita transportation expenditures, by age of reference person</caption>
|
|
<colgroup>
|
|
<col style="width:7.2em">
|
|
<col style="width:4.1em">
|
|
<col style="width:4.1em">
|
|
<col style="width:4.5em">
|
|
<col class="shaded" style="width:4.1em">
|
|
</colgroup>
|
|
<thead class="hidden">
|
|
<tr>
|
|
<th class="stubHeading" scope="col"> </th>
|
|
<th scope="col">55–64</th>
|
|
<th scope="col">65–74</th>
|
|
<th scope="col">75 or older</th>
|
|
<th scope="col">65 or older</th>
|
|
</tr>
|
|
</thead>
|
|
<tbody>
|
|
<tr class="top-border" style="border-top-color:#cf1e29">
|
|
<th class="stub0" scope="row">75<sup>th</sup> percentile</th>
|
|
<td>5,226</td>
|
|
<td>4,156</td>
|
|
<td class="cellsRightPad18">2,864</td>
|
|
<td>3,707</td>
|
|
</tr>
|
|
<tr>
|
|
<th class="stub0" scope="row">Median</th>
|
|
<td>2,680</td>
|
|
<td>2,160</td>
|
|
<td class="cellsRightPad18">1,302</td>
|
|
<td>1,792</td>
|
|
</tr>
|
|
<tr>
|
|
<th class="stub0" scope="row">25<sup>th</sup> percentile</th>
|
|
<td>1,279</td>
|
|
<td>1,060</td>
|
|
<td class="cellsRightPad18">424</td>
|
|
<td>780</td>
|
|
</tr>
|
|
<tr class="topPad1">
|
|
<th class="stub0" scope="row">Mean (♦)</th>
|
|
<td>5,298</td>
|
|
<td>4,355</td>
|
|
<td class="cellsRightPad18">2,724</td>
|
|
<td>3,671</td>
|
|
</tr>
|
|
</tbody>
|
|
<tfoot>
|
|
<tr>
|
|
<td class="firstNote" style="border-top-color:#cf1e29" colspan="5">SOURCE: Interview portion of the 2020 Consumer Expenditure Survey. Means were computed using both the interview and diary portions of the survey.</td>
|
|
</tr>
|
|
</tfoot>
|
|
</table>
|
|
</div>
|
|
<nav>
|
|
<div class="chartNav2up"><a class="chartPrevious" href="#page23">Previous page</a><a class="chartNext" href="#page26">Next page</a></div>
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<div class="shareChartPage">Share this page: https://www.ssa.gov/policy/docs/chartbooks/expenditures_aged/2020/exp-aged-2020.html#page24</div>
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</nav>
|
|
</div>
|
|
<div id="page26" class="chartArea">
|
|
<h2>Components of Transportation Expenditures</h2>
|
|
<p>Almost all transportation expenditures were for the purchase and maintenance of vehicles. The purchase of new and used cars and trucks accounted for 45 percent of transportation expenditures for <abbr class="spell">CU</abbr>s aged <span class="nobr">55–64,</span> 44 percent for those aged <span class="nobr">65–74,</span> and 30 percent for those aged 75 or older. Other vehicle expenditures made up 52 percent of transportation expenditures for <abbr class="spell">CU</abbr>s aged <span class="nobr">55–64,</span> 54 percent for those aged <span class="nobr">65–74,</span> and 68 percent for those aged 75 or older. Across all age groups, only 2 percent to 3 percent of transportation expenditures went to public transportation.</p>
|
|
<div class="svgChart chart700"><img src="page26.svg" role="img" alt="Mean percentage allocated to components of transportation expenditures, by age of reference person. Bar chart with tabular version below." />
|
|
<div class="table altTable"><a class="altToggle" href="">Show as table</a>
|
|
<table>
|
|
<caption>Table equivalent for chart. Mean percentage allocated to components of transportation expenditures, by age of reference person</caption>
|
|
<colgroup span="1" style="width:20em"></colgroup>
|
|
<colgroup span="3" style="width:8em"></colgroup>
|
|
<colgroup span="1" style="width:8em" class="shaded"></colgroup>
|
|
<thead>
|
|
<tr>
|
|
<th class="stubHeading" scope="col">Component</th>
|
|
<th scope="col"><span class="nobr">55–64</span></th>
|
|
<th scope="col"><span class="nobr">65–74</span></th>
|
|
<th scope="col">75 or older</th>
|
|
<th scope="col">65 or older</th>
|
|
</tr>
|
|
</thead>
|
|
<tbody>
|
|
<tr>
|
|
<th class="stub0" scope="row">Purchase of new and used cars and trucks</th>
|
|
<td>45.3</td>
|
|
<td>43.6</td>
|
|
<td>29.8</td>
|
|
<td>39.7</td>
|
|
</tr>
|
|
<tr>
|
|
<th class="stub0" scope="row">Other vehicle expenses <sup>a</sup></th>
|
|
<td>51.6</td>
|
|
<td>53.7</td>
|
|
<td>67.9</td>
|
|
<td>57.7</td>
|
|
</tr>
|
|
<tr>
|
|
<th class="stub0" scope="row">Public transportation <sup>b</sup></th>
|
|
<td>3.1</td>
|
|
<td>2.8</td>
|
|
<td>2.3</td>
|
|
<td>2.6</td>
|
|
</tr>
|
|
</tbody>
|
|
<tfoot>
|
|
<tr>
|
|
<td class="firstNote" colspan="5">SOURCE: Interview and diary portions of the 2020 Consumer Expenditure Survey.</td>
|
|
</tr>
|
|
<tr>
|
|
<td class="note" colspan="5">a. Includes expenditures for insurance, gas and motor oil, finance charges, maintenance and repairs, licenses, rentals, and other charges.</td>
|
|
</tr>
|
|
<tr>
|
|
<td class="lastNote" colspan="5">b. Includes fares for travel by airplane, bus, train, and taxi.</td>
|
|
</tr>
|
|
</tfoot>
|
|
</table>
|
|
</div>
|
|
</div>
|
|
<nav>
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<div class="chartNav"><a class="chartPrevious" href="#page24">Previous page</a><a class="chartNext" href="#page27">Next page</a></div>
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<div class="shareChartPage">Share this page: https://www.ssa.gov/policy/docs/chartbooks/expenditures_aged/2020/exp-aged-2020.html#page26</div>
|
|
</nav>
|
|
</div>
|
|
<div id="page27" class="chartArea">
|
|
<h2>Other Expenditures</h2>
|
|
<p>Other expenditures include such items as alcohol, personal care products and services, reading materials, education, tobacco, miscellaneous items, cash contributions to persons or organizations outside the <abbr class="spell">CU</abbr>, personal insurance, pension contributions, and Social Security payroll taxes. As a percentage of total expenditures, median expenditures in this category were 12 percent among <abbr class="spell">CU</abbr>s aged <span class="nobr">55–64,</span> 6 percent among <abbr class="spell">CU</abbr>s aged <span class="nobr">65–74,</span> and 5 percent among <abbr class="spell">CU</abbr>s aged 75 or older. Mean expenditures in this category exceeded the median mainly because of very high cash contributions to individuals and organizations made by a relatively small proportion of the population.</p>
|
|
<div class="svgChart chart700 no-bottom-margin"><img src="page27.svg" role="img" alt="Other expenditures as a percentage of total expenditures, by age of reference person. Box plot with tabular version below." /></div>
|
|
<table class="exp-table" style="margin-top:-1.4em">
|
|
<caption class="hidden">Other expenditures as a percentage of total expenditures, by age of reference person</caption>
|
|
<colgroup>
|
|
<col style="width:7.9em">
|
|
<col style="width:11em">
|
|
<col style="width:10.2em">
|
|
<col style="width:13.1em">
|
|
<col class="shaded" style="width:10.6em">
|
|
</colgroup>
|
|
<thead class="hidden">
|
|
<tr>
|
|
<th class="stubHeading" scope="col"> </th>
|
|
<th class="spanner" scope="col">55–64</th>
|
|
<th class="spanner" scope="col">65–74</th>
|
|
<th class="spanner" scope="col">75 or older</th>
|
|
<th class="spanner" scope="col">65 or older</th>
|
|
</tr>
|
|
</thead>
|
|
<tbody>
|
|
<tr class="top-border" style="border-top-color:#cf1e29">
|
|
<th class="stub0" scope="row">75<sup>th</sup> percentile</th>
|
|
<td class="cellsRightPad60">22.5</td>
|
|
<td style="padding-right:55px">15.5</td>
|
|
<td class="cellsRightPad88">12.7</td>
|
|
<td class="cellsRightPad60">14.5</td>
|
|
</tr>
|
|
<tr>
|
|
<th class="stub0" scope="row">Median</th>
|
|
<td class="cellsRightPad60">11.5</td>
|
|
<td style="padding-right:55px">6.0</td>
|
|
<td class="cellsRightPad88">4.7</td>
|
|
<td class="cellsRightPad60">5.4</td>
|
|
</tr>
|
|
<tr>
|
|
<th class="stub0" scope="row">25<sup>th</sup> percentile</th>
|
|
<td class="cellsRightPad60">2.4</td>
|
|
<td style="padding-right:55px">0.0</td>
|
|
<td class="cellsRightPad88">0.1</td>
|
|
<td class="cellsRightPad60">0.0</td>
|
|
</tr>
|
|
<tr class="topPad1">
|
|
<th class="stub0" scope="row">Mean (♦)</th>
|
|
<td class="cellsRightPad60">23.7</td>
|
|
<td style="padding-right:55px">17.9</td>
|
|
<td class="cellsRightPad88">16.9</td>
|
|
<td class="cellsRightPad60">17.5</td>
|
|
</tr>
|
|
</tbody>
|
|
<tfoot>
|
|
<tr>
|
|
<td class="firstNote" style="border-top-color:#cf1e29" colspan="5">SOURCE: Interview portion of the 2020 Consumer Expenditure Survey. Means were computed using both the interview and diary portions of the survey.</td>
|
|
</tr>
|
|
</tfoot>
|
|
</table>
|
|
<div class="float-left mNoFloat" style="width:320px">
|
|
<div class="svgChart chart320 no-bottom-margin"><img src="page28a.svg" role="img" alt="Other expenditures, by age of reference person. Box plot with tabular version below." /></div>
|
|
<table class="cellsRightPad8 exp-table" style="margin-top:-1.4em">
|
|
<caption class="hidden">Other expenditures, by age of reference person</caption>
|
|
<colgroup>
|
|
<col style="width:7.2em">
|
|
<col style="width:4.1em">
|
|
<col style="width:4.1em">
|
|
<col style="width:4.5em">
|
|
<col class="shaded" style="width:4.1em">
|
|
</colgroup>
|
|
<thead class="hidden">
|
|
<tr>
|
|
<th class="stubHeading" scope="col"> </th>
|
|
<th scope="col">55–64</th>
|
|
<th scope="col">65–74</th>
|
|
<th scope="col">75 or older</th>
|
|
<th scope="col">65 or older</th>
|
|
</tr>
|
|
</thead>
|
|
<tbody>
|
|
<tr class="top-border" style="border-top-color:#cf1e29">
|
|
<th class="stub0" scope="row">75<sup>th</sup> percentile</th>
|
|
<td>13,130</td>
|
|
<td>6,566</td>
|
|
<td style="padding-right:1.1em">4,264</td>
|
|
<td>5,545</td>
|
|
</tr>
|
|
<tr>
|
|
<th class="stub0" scope="row">Median</th>
|
|
<td>4,590</td>
|
|
<td>1,934</td>
|
|
<td style="padding-right:1.1em">1,260</td>
|
|
<td>1,560</td>
|
|
</tr>
|
|
<tr>
|
|
<th class="stub0" scope="row">25<sup>th</sup> percentile</th>
|
|
<td>780</td>
|
|
<td>0</td>
|
|
<td style="padding-right:1.1em">20</td>
|
|
<td>0</td>
|
|
</tr>
|
|
<tr class="topPad1">
|
|
<th class="stub0" scope="row">Mean (♦)</th>
|
|
<td>15,188</td>
|
|
<td>9,354</td>
|
|
<td style="padding-right:1.1em">6,888</td>
|
|
<td>8,323</td>
|
|
</tr>
|
|
</tbody>
|
|
<tfoot>
|
|
<tr>
|
|
<td class="firstNote" style="border-top-color:#cf1e29" colspan="5">SOURCE: Interview portion of the 2020 Consumer Expenditure Survey. Means were computed using both the interview and diary portions of the survey.</td>
|
|
</tr>
|
|
</tfoot>
|
|
</table>
|
|
</div>
|
|
<div class="float-right mNoFloat" style="width:320px">
|
|
<div class="svgChart chart320 no-bottom-margin"><img src="page28b.svg" role="img" alt="Per capita other expenditures, by age of reference person. Box plot with tabular version below." /></div>
|
|
<table class="cellsRightPad12 exp-table" style="margin-top:-1.4em">
|
|
<caption class="hidden">Per capita other expenditures, by age of reference person</caption>
|
|
<colgroup>
|
|
<col style="width:7.2em">
|
|
<col style="width:4.1em">
|
|
<col style="width:4.1em">
|
|
<col style="width:4.5em">
|
|
<col class="shaded" style="width:4.1em">
|
|
</colgroup>
|
|
<thead class="hidden">
|
|
<tr>
|
|
<th class="stubHeading" scope="col"> </th>
|
|
<th scope="col">55–64</th>
|
|
<th scope="col">65–74</th>
|
|
<th scope="col">75 or older</th>
|
|
<th scope="col">65 or older</th>
|
|
</tr>
|
|
</thead>
|
|
<tbody>
|
|
<tr class="top-border" style="border-top-color:#cf1e29">
|
|
<th class="stub0" scope="row">75<sup>th</sup> percentile</th>
|
|
<td>6,460</td>
|
|
<td>3,708</td>
|
|
<td class="cellsRightPad18">2,740</td>
|
|
<td>3,267</td>
|
|
</tr>
|
|
<tr>
|
|
<th class="stub0" scope="row">Median</th>
|
|
<td>2,420</td>
|
|
<td>1,128</td>
|
|
<td class="cellsRightPad18">870</td>
|
|
<td>1,021</td>
|
|
</tr>
|
|
<tr>
|
|
<th class="stub0" scope="row">25<sup>th</sup> percentile</th>
|
|
<td>437</td>
|
|
<td>0</td>
|
|
<td class="cellsRightPad18">12</td>
|
|
<td>0</td>
|
|
</tr>
|
|
<tr class="topPad1">
|
|
<th class="stub0" scope="row">Mean (♦)</th>
|
|
<td>7,609</td>
|
|
<td>5,354</td>
|
|
<td class="cellsRightPad18">4,563</td>
|
|
<td>5,023</td>
|
|
</tr>
|
|
</tbody>
|
|
<tfoot>
|
|
<tr>
|
|
<td class="firstNote" style="border-top-color:#cf1e29" colspan="5">SOURCE: Interview portion of the 2020 Consumer Expenditure Survey. Means were computed using both the interview and diary portions of the survey.</td>
|
|
</tr>
|
|
</tfoot>
|
|
</table>
|
|
</div>
|
|
<nav>
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<div class="chartNav2up"><a class="chartPrevious" href="#page26">Previous page</a><a class="chartNext" href="#page29">Next page</a></div>
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</div>
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|
<div id="page29" class="chartArea">
|
|
<h2>Components of Other Expenditures</h2>
|
|
<p>The allocation of other expenditures differed among age groups. Cash contributions were the largest component of other expenditures for <abbr class="spell">CU</abbr>s aged <span class="nobr">65–74</span> and 75 or older (32 percent and 48 percent, respectively). Social Security payroll taxes were the largest component of other expenditures for <abbr class="spell">CU</abbr>s aged <span class="nobr">55–64</span> (41 percent).</p>
|
|
<div class="svgChart chart700"><img src="page29.svg" role="img" alt="Mean percentage allocated to components of other expenditures, by age of reference person. Bar chart with tabular version below." />
|
|
<div class="table altTable"><a class="altToggle" href="">Show as table</a>
|
|
<table>
|
|
<caption>Table equivalent for chart. Mean percentage allocated to components of other expenditures, by age of reference person</caption>
|
|
<colgroup span="1" style="width:14em"></colgroup>
|
|
<colgroup span="3" style="width:8em"></colgroup>
|
|
<colgroup span="1" style="width:8em" class="shaded"></colgroup>
|
|
<thead>
|
|
<tr>
|
|
<th class="stubHeading" scope="col">Component</th>
|
|
<th scope="col"><span class="nobr">55–64</span></th>
|
|
<th scope="col"><span class="nobr">65–74</span></th>
|
|
<th scope="col">75 or older</th>
|
|
<th scope="col">65 or older</th>
|
|
</tr>
|
|
</thead>
|
|
<tbody>
|
|
<tr>
|
|
<th class="stub0" scope="row">Cash contributions <sup>a</sup></th>
|
|
<td>20.8</td>
|
|
<td>31.9</td>
|
|
<td>48.0</td>
|
|
<td>37.5</td>
|
|
</tr>
|
|
<tr>
|
|
<th class="stub0" scope="row">Social Security payroll taxes</th>
|
|
<td>40.7</td>
|
|
<td>24.7</td>
|
|
<td>12.0</td>
|
|
<td>20.3</td>
|
|
</tr>
|
|
<tr>
|
|
<th class="stub0" scope="row">Pension contributions</th>
|
|
<td>10.3</td>
|
|
<td>8.2</td>
|
|
<td>2.6</td>
|
|
<td>6.3</td>
|
|
</tr>
|
|
<tr>
|
|
<th class="stub0" scope="row">Personal insurance</th>
|
|
<td>4.1</td>
|
|
<td>6.5</td>
|
|
<td>5.5</td>
|
|
<td>6.2</td>
|
|
</tr>
|
|
<tr>
|
|
<th class="stub0" scope="row">Personal care</th>
|
|
<td>4.1</td>
|
|
<td>5.7</td>
|
|
<td>6.7</td>
|
|
<td>6.1</td>
|
|
</tr>
|
|
<tr>
|
|
<th class="stub0" scope="row">Education</th>
|
|
<td>8.2</td>
|
|
<td>4.3</td>
|
|
<td>7.2</td>
|
|
<td>5.3</td>
|
|
</tr>
|
|
<tr>
|
|
<th class="stub0" scope="row">Alcohol</th>
|
|
<td>3.7</td>
|
|
<td>4.9</td>
|
|
<td>3.2</td>
|
|
<td>4.4</td>
|
|
</tr>
|
|
<tr>
|
|
<th class="stub0" scope="row">Tobacco</th>
|
|
<td>2.5</td>
|
|
<td>2.9</td>
|
|
<td>1.7</td>
|
|
<td>2.5</td>
|
|
</tr>
|
|
<tr>
|
|
<th class="stub0" scope="row">Reading materials</th>
|
|
<td>0.7</td>
|
|
<td>1.4</td>
|
|
<td>2.8</td>
|
|
<td>1.9</td>
|
|
</tr>
|
|
<tr>
|
|
<th class="stub0" scope="row">Miscellaneous items</th>
|
|
<td>4.9</td>
|
|
<td>9.4</td>
|
|
<td>10.2</td>
|
|
<td>9.7</td>
|
|
</tr>
|
|
</tbody>
|
|
<tfoot>
|
|
<tr>
|
|
<td class="firstNote" colspan="5">SOURCE: Interview and diary portions of the 2020 Consumer Expenditure Survey.</td>
|
|
</tr>
|
|
<tr>
|
|
<td class="lastNote" colspan="5">a. Cash contributed to persons or organizations outside the <abbr class="spell">CU</abbr>, including alimony and child support payments; care of students away from home; and contributions to religious, educational, charitable, or political organizations.</td>
|
|
</tr>
|
|
</tfoot>
|
|
</table>
|
|
</div>
|
|
</div>
|
|
<nav>
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<div class="chartNav"><a class="chartPrevious" href="#page27">Previous page</a><a class="chartNext" href="#page30">Next page</a></div>
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</nav>
|
|
</div>
|
|
<div id="page30" class="chartArea">
|
|
<h2>Travel Expenditures</h2>
|
|
<p>No more than 21 percent of <abbr class="spell">CU</abbr>s in the three age groups had travel-related expenditures in 2020, and the percentage that had such expenditures decreased with age. Travel comprises elements from the housing, food, transportation, and entertainment expenditure categories that were spent on out-of-town trips. This category includes food; alcohol; lodging; gas; rental of autos, trucks, motorcycles, boats, campers, and other vehicles; parking; tolls; fares for travel by airplane, bus, train, and taxi; and recreation and entertainment expenses on out-of-town trips. About 21 percent of <abbr class="spell">CU</abbr>s aged <span class="nobr">55–64,</span> 16 percent of <abbr class="spell">CU</abbr>s aged <span class="nobr">65–74,</span> and 9 percent of <abbr class="spell">CU</abbr>s aged 75 or older had some expenditures for travel. Among <abbr class="spell">CU</abbr>s with travel expenditures, the median share of total expenditures allocated to travel was about 3 percent to 4 percent across all age groups.</p>
|
|
<div class="float-left mNoFloat" style="width:320px">
|
|
<div class="svgChart chart320"><img src="page30a.svg" role="img" alt="Percentage of C Us with any travel expenditures, by age of reference person. Bar chart with tabular version below." />
|
|
<div class="table altTable"><a class="altToggle" href="">Show as table</a>
|
|
<table>
|
|
<caption>Table equivalent for chart. Percentage of <abbr class="spell">CU</abbr>s with any travel expenditures, by age of reference person</caption>
|
|
<colgroup span="1" style="width:12em"></colgroup>
|
|
<colgroup span="1" style="width:8em"></colgroup>
|
|
<thead>
|
|
<tr>
|
|
<th class="stubHeading" scope="col">Age group</th>
|
|
<th scope="col">Percent</th>
|
|
</tr>
|
|
</thead>
|
|
<tbody>
|
|
<tr>
|
|
<th class="stub0" scope="row"><span class="nobr">55–64</span></th>
|
|
<td>20.5</td>
|
|
</tr>
|
|
<tr>
|
|
<th class="stub0" scope="row"><span class="nobr">65–74</span></th>
|
|
<td>16.4</td>
|
|
</tr>
|
|
<tr>
|
|
<th class="stub0" scope="row">75 or older</th>
|
|
<td>8.5</td>
|
|
</tr>
|
|
<tr class="topPad1">
|
|
<th class="stub0" scope="row">65 or older</th>
|
|
<td>13.1</td>
|
|
</tr>
|
|
</tbody>
|
|
<tfoot>
|
|
<tr>
|
|
<td class="onlyNote" colspan="2">SOURCE: Interview portion of the 2020 Consumer Expenditure Survey.</td>
|
|
</tr>
|
|
</tfoot>
|
|
</table>
|
|
</div>
|
|
</div>
|
|
</div>
|
|
<div class="float-right mNoFloat" style="width:320px">
|
|
<div class="svgChart chart320 no-bottom-margin"><img src="page30b.svg" role="img" alt="Travel expenditures as a percentage of total expenditures for C Us with any travel expenditures, by age of reference person. Box plot with tabular version below." /></div>
|
|
<table class="cellsRightPad18 exp-table" style="margin-top:-1.4em">
|
|
<caption class="hidden">Travel expenditures as a percentage of total expenditures for <abbr class="spell">CU</abbr>s with any travel expenditures, by age of reference person</caption>
|
|
<colgroup>
|
|
<col style="width:7.2em">
|
|
<col style="width:4.1em">
|
|
<col style="width:4.1em">
|
|
<col style="width:4.5em">
|
|
<col class="shaded" style="width:4.1em">
|
|
</colgroup>
|
|
<thead class="hidden">
|
|
<tr>
|
|
<th class="stubHeading" scope="col"> </th>
|
|
<th scope="col">55–64</th>
|
|
<th scope="col">65–74</th>
|
|
<th scope="col">75 or older</th>
|
|
<th scope="col">65 or older</th>
|
|
</tr>
|
|
</thead>
|
|
<tbody>
|
|
<tr class="top-border" style="border-top-color:#cf1e29">
|
|
<th class="stub0" scope="row">75<sup>th</sup> percentile</th>
|
|
<td>8.0</td>
|
|
<td>8.0</td>
|
|
<td class="cellsRightPad24">8.7</td>
|
|
<td>8.1</td>
|
|
</tr>
|
|
<tr>
|
|
<th class="stub0" scope="row">Median</th>
|
|
<td>3.6</td>
|
|
<td>3.6</td>
|
|
<td class="cellsRightPad24">2.5</td>
|
|
<td>3.2</td>
|
|
</tr>
|
|
<tr>
|
|
<th class="stub0" scope="row">25<sup>th</sup> percentile</th>
|
|
<td>1.2</td>
|
|
<td>1.3</td>
|
|
<td class="cellsRightPad24">1.0</td>
|
|
<td>1.2</td>
|
|
</tr>
|
|
<tr class="topPad1">
|
|
<th class="stub0" scope="row">Mean (♦)</th>
|
|
<td>6.3</td>
|
|
<td>6.1</td>
|
|
<td class="cellsRightPad24">7.2</td>
|
|
<td>6.4</td>
|
|
</tr>
|
|
</tbody>
|
|
<tfoot>
|
|
<tr>
|
|
<td class="firstNote" style="border-top-color:#cf1e29" colspan="5">SOURCE: Interview portion of the 2020 Consumer Expenditure Survey. Means were computed using both the interview and diary portions of the survey.</td>
|
|
</tr>
|
|
</tfoot>
|
|
</table>
|
|
</div>
|
|
<nav>
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<div class="chartNav2up"><a class="chartPrevious" href="#page29">Previous page</a><a class="chartNext" href="#page31">Next page</a></div>
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</div>
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<div id="page31" class="chartArea" onfocus="window.scrollTo(0,0)">
|
|
<h1><abbr class="spell">CU</abbr>s Aged 65 or Older: 2010, 2015 & 2020</h1>
|
|
<p class="bottomPad ninetypercent"><b>NOTE:</b> The previous edition of the <i>Expenditures of the Aged Chartbook</i> showed expenditures for 2015. The remainder of this edition shows expenditures in 2010, 2015, and 2020 for <abbr class="spell">CU</abbr>s aged 65 or older. The Consumer Expenditure Survey is a cross-sectional survey in which the sampled households change from year to year. Therefore, the data presented in these charts are snapshots of all <abbr class="spell">CU</abbr>s aged 65 or older in those three years; that is, the charts do not represent the experience of the same group of households from year to year. Expenditures have been indexed to 2020 dollars using the Consumer Price Index for All Urban Consumers <span class="nobr">(<abbr class="spell">CPI</abbr>-U).</span></p>
|
|
<h2>Trends in <abbr class="spell">CU</abbr> Size</h2>
|
|
<p>In general, the size of <abbr class="spell">CU</abbr>s aged 65 or older changed little between 2010 and 2020. The proportion of <abbr class="spell">CU</abbr>s with just one person was stable at 44 percent, while the proportion with two persons rose from 45 percent to 46 percent between 2010 and 2015, then fell to 44 percent in 2020. The proportion of <abbr class="spell">CU</abbr>s with three or more persons was 11 percent in 2010 and 12 percent in 2020.</p>
|
|
<div class="svgChart chart700"><img src="page31.svg" role="img" alt="Distribution of C Us by size, selected years. Bar chart with tabular version below." />
|
|
<div class="table altTable"><a class="altToggle" href="">Show as table</a>
|
|
<table>
|
|
<caption>Table equivalent for chart. Distribution of <abbr class="spell">CU</abbr>s by size, selected years</caption>
|
|
<colgroup span="1" style="width:12em"></colgroup>
|
|
<colgroup span="3" style="width:8em"></colgroup>
|
|
<thead>
|
|
<tr>
|
|
<th class="stubHeading" scope="col">Size of consumer unit</th>
|
|
<th scope="col">2010</th>
|
|
<th scope="col">2015</th>
|
|
<th scope="col">2020</th>
|
|
</tr>
|
|
</thead>
|
|
<tbody>
|
|
<tr>
|
|
<th class="stub0" scope="row">1 person</th>
|
|
<td>44.4</td>
|
|
<td>43.6</td>
|
|
<td>44.3</td>
|
|
</tr>
|
|
<tr>
|
|
<th class="stub0" scope="row">2 persons</th>
|
|
<td>44.6</td>
|
|
<td>46.3</td>
|
|
<td>44.2</td>
|
|
</tr>
|
|
<tr>
|
|
<th class="stub0" scope="row">3 or more persons</th>
|
|
<td>10.9</td>
|
|
<td>10.1</td>
|
|
<td>11.5</td>
|
|
</tr>
|
|
</tbody>
|
|
<tfoot>
|
|
<tr>
|
|
<td class="onlyNote" colspan="4">SOURCE: Interview portions of the 2010, 2015, and 2020 Consumer Expenditure Surveys.</td>
|
|
</tr>
|
|
</tfoot>
|
|
</table>
|
|
</div>
|
|
</div>
|
|
<nav>
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<div class="chartNav"><a class="chartPrevious" href="#page30">Previous page</a><a class="chartNext" href="#page32">Next page</a></div>
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</div>
|
|
<div id="page32" class="chartArea">
|
|
<h2>Trends in Expenditures</h2>
|
|
<p>Measured in 2020 dollars, median expenditures among <abbr class="spell">CU</abbr>s aged 65 or older increased from $31,428 in 2010 to $33,684 in 2015 and to $34,088 in 2020 (not shown). The proportion of <abbr class="spell">CU</abbr>s with total expenditures under $20,000 fell from 25 percent in 2010 to 23 percent in 2015 and to 20 percent in 2020, and the proportion with expenditures over $50,000 increased from 26 percent in 2010 to 29 percent in 2015, then fell slightly to 28 percent in 2020.</p>
|
|
<div class="svgChart chart700"><img src="page32.svg" role="img" alt="Distribution of C Us by total expenditures, selected years. Bar chart with tabular version below." />
|
|
<div class="table altTable"><a class="altToggle" href="">Show as table</a>
|
|
<table>
|
|
<caption>Table equivalent for chart. Distribution of <abbr class="spell">CU</abbr>s by total expenditures, selected years</caption>
|
|
<colgroup span="1" style="width:12em"></colgroup>
|
|
<colgroup span="3" style="width:8em"></colgroup>
|
|
<thead>
|
|
<tr>
|
|
<th class="stubHeading" scope="col">Total expenditures ($)</th>
|
|
<th scope="col">2010</th>
|
|
<th scope="col">2015</th>
|
|
<th scope="col">2020</th>
|
|
</tr>
|
|
</thead>
|
|
<tbody>
|
|
<tr>
|
|
<th class="stub0" scope="row">Less than 10,000</th>
|
|
<td>3.6</td>
|
|
<td>3.7</td>
|
|
<td>2.1</td>
|
|
</tr>
|
|
<tr>
|
|
<th class="stub0" scope="row"><span class="nobr">10,000–19,999</span></th>
|
|
<td>21.6</td>
|
|
<td>18.9</td>
|
|
<td>18.2</td>
|
|
</tr>
|
|
<tr>
|
|
<th class="stub0" scope="row"><span class="nobr">20,000–29,999</span></th>
|
|
<td>22.3</td>
|
|
<td>20.9</td>
|
|
<td>21.4</td>
|
|
</tr>
|
|
<tr>
|
|
<th class="stub0" scope="row"><span class="nobr">30,000–39,999</span></th>
|
|
<td>14.7</td>
|
|
<td>15.8</td>
|
|
<td>18.0</td>
|
|
</tr>
|
|
<tr>
|
|
<th class="stub0" scope="row"><span class="nobr">40,000–49,999</span></th>
|
|
<td>11.4</td>
|
|
<td>11.7</td>
|
|
<td>12.2</td>
|
|
</tr>
|
|
<tr>
|
|
<th class="stub0" scope="row"><span class="nobr">50,000–74,999</span></th>
|
|
<td>14.9</td>
|
|
<td>15.3</td>
|
|
<td>15.9</td>
|
|
</tr>
|
|
<tr>
|
|
<th class="stub0" scope="row"><span class="nobr">75,000–99,999</span></th>
|
|
<td>5.8</td>
|
|
<td>6.1</td>
|
|
<td>5.5</td>
|
|
</tr>
|
|
<tr>
|
|
<th class="stub0" scope="row">100,000 or more</th>
|
|
<td>5.7</td>
|
|
<td>7.6</td>
|
|
<td>6.7</td>
|
|
</tr>
|
|
</tbody>
|
|
<tfoot>
|
|
<tr>
|
|
<td class="onlyNote" colspan="4">SOURCE: Interview portions of the 2010, 2015, and 2020 Consumer Expenditure Surveys. Expenditures indexed to 2020 dollars by the <span class="nobr"><abbr class="spell">CPI-U</abbr>.</span></td>
|
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</tr>
|
|
</tfoot>
|
|
</table>
|
|
</div>
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</div>
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<nav>
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<div id="page33" class="chartArea">
|
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<h2>Trends in Expenditures by Component</h2>
|
|
<p>The distribution of expenditures among <abbr class="spell">CU</abbr>s aged 65 or older changed relatively little between 2010 and 2020. Housing expenditures accounted for 35 percent of total aged <abbr class="spell">CU</abbr> expenditures in both 2010 and 2015 and 37 percent in 2020. Out-of-pocket spending for health care, including insurance premiums, constituted 13 percent of expenditures in 2010 and 2015 and 14 percent in 2020. Transportation expenditures increased from 14 percent of spending in 2010 to 15 percent in 2015, then fell to 13 percent in 2020. Expenditures for food accounted for 12 percent of total expenditures in all three years. Expenditures on entertainment were about 5 percent of total expenditures each year, while spending on apparel fell from 3 percent to 2 percent of expenditures between 2010 and 2020. The share of expenditures allocated to all other spending fell slightly from 17 percent in 2010 to 16 percent in 2015 before rising again to about 17 percent in 2020.</p>
|
|
<div class="svgChart chart700"><img src="page33.svg" role="img" alt="Mean percentage allocated to components of total expenditures, selected years. Bar chart with tabular version below." />
|
|
<div class="table altTable"><a class="altToggle" href="">Show as table</a>
|
|
<table>
|
|
<caption>Table equivalent for chart. Mean percentage allocated to components of total expenditures, selected years.</caption>
|
|
<colgroup span="1" style="width:14em"></colgroup>
|
|
<colgroup span="3" style="width:8em"></colgroup>
|
|
<thead>
|
|
<tr>
|
|
<th class="stubHeading" scope="col">Component</th>
|
|
<th scope="col">2010</th>
|
|
<th scope="col">2015</th>
|
|
<th scope="col">2020</th>
|
|
</tr>
|
|
</thead>
|
|
<tbody>
|
|
<tr>
|
|
<th class="stub0" scope="row">Housing</th>
|
|
<td>35.3</td>
|
|
<td>34.8</td>
|
|
<td>36.8</td>
|
|
</tr>
|
|
<tr>
|
|
<th class="stub0" scope="row">Out-of-pocket health care</th>
|
|
<td>13.2</td>
|
|
<td>13.0</td>
|
|
<td>14.0</td>
|
|
</tr>
|
|
<tr>
|
|
<th class="stub0" scope="row">Transportation</th>
|
|
<td>14.0</td>
|
|
<td>15.4</td>
|
|
<td>13.1</td>
|
|
</tr>
|
|
<tr>
|
|
<th class="stub0" scope="row">Food</th>
|
|
<td>12.4</td>
|
|
<td>12.4</td>
|
|
<td>12.0</td>
|
|
</tr>
|
|
<tr>
|
|
<th class="stub0" scope="row">Entertainment</th>
|
|
<td>5.1</td>
|
|
<td>5.5</td>
|
|
<td>4.8</td>
|
|
</tr>
|
|
<tr>
|
|
<th class="stub0" scope="row">Apparel</th>
|
|
<td>2.6</td>
|
|
<td>2.4</td>
|
|
<td>1.7</td>
|
|
</tr>
|
|
<tr>
|
|
<th class="stub0" scope="row">Other</th>
|
|
<td>17.3</td>
|
|
<td>16.4</td>
|
|
<td>17.5</td>
|
|
</tr>
|
|
</tbody>
|
|
<tfoot>
|
|
<tr>
|
|
<td class="onlyNote" colspan="4">SOURCE: Interview and diary portions of the 2010, 2015, and 2020 Consumer Expenditure Surveys.</td>
|
|
</tr>
|
|
</tfoot>
|
|
</table>
|
|
</div>
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|
</div>
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<div id="page34" class="chartArea">
|
|
<h2>Trends in Housing Tenure</h2>
|
|
<p>Between 2010 and 2020, the proportion of <abbr class="spell">CU</abbr>s aged 65 or older that owned a home with no mortgage fell from 60 percent to 55 percent. The proportion of <abbr class="spell">CU</abbr>s that owned a home with a mortgage rose from 22 percent in 2010 and 2015 to 25 percent in 2020. The proportion of <abbr class="spell">CU</abbr>s that rented a house or apartment increased from 18 percent in 2010 to about 20 percent in both 2015 and 2020.</p>
|
|
<div class="svgChart chart700"><img src="page34.svg" role="img" alt="Distribution of C Us by housing tenure, selected years. Bar chart with tabular version below." />
|
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<div class="table altTable"><a class="altToggle" href="">Show as table</a>
|
|
<table>
|
|
<caption>Table equivalent for chart. Distribution of <abbr class="spell">CU</abbr>s by housing tenure, selected years</caption>
|
|
<colgroup span="1" style="width:12em"></colgroup>
|
|
<colgroup span="3" style="width:8em"></colgroup>
|
|
<thead>
|
|
<tr>
|
|
<th class="stubHeading" scope="col">Housing tenure</th>
|
|
<th scope="col">2010</th>
|
|
<th scope="col">2015</th>
|
|
<th scope="col">2020</th>
|
|
</tr>
|
|
</thead>
|
|
<tbody>
|
|
<tr>
|
|
<th class="stub0" scope="row">Owner with mortgage</th>
|
|
<td>21.7</td>
|
|
<td>21.8</td>
|
|
<td>25.3</td>
|
|
</tr>
|
|
<tr>
|
|
<th class="stub0" scope="row">Owner without mortgage</th>
|
|
<td>60.2</td>
|
|
<td>58.0</td>
|
|
<td>55.2</td>
|
|
</tr>
|
|
<tr>
|
|
<th class="stub0" scope="row">Renter</th>
|
|
<td>18.1</td>
|
|
<td>20.2</td>
|
|
<td>19.5</td>
|
|
</tr>
|
|
</tbody>
|
|
<tfoot>
|
|
<tr>
|
|
<td class="onlyNote" colspan="4">SOURCE: Interview portion of the 2010, 2015, and 2020 Consumer Expenditure Surveys.</td>
|
|
</tr>
|
|
</tfoot>
|
|
</table>
|
|
</div>
|
|
</div>
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<div id="page35" class="chartArea">
|
|
<h2>Trends in Housing Expenditures by Tenure</h2>
|
|
<p>As shown earlier, the housing share of total expenditures increased among <abbr class="spell">CU</abbr>s headed by persons aged 65 or older from 35 percent in 2010 and 2015 to 37 percent in 2020. Among homeowners aged 65 or older with a mortgage, housing as a share of total expenses fell from 39 percent in 2010 to 36 percent in 2015 before rising again to 39 percent in 2020. Among homeowners aged 65 or older without a mortgage, housing as a share of total expenses increased slightly to 32 percent in 2020 from 31 percent in both 2010 and 2015. Among <abbr class="spell">CU</abbr>s aged 65 or older that rented a home, housing as a share of total expenditures rose from 46 percent in 2010 to 49 percent in both 2015 and 2020.</p>
|
|
<div class="svgChart chart700"><img src="page35.svg" role="img" alt="Mean percentage allocated to housing expenditures, by housing tenure, selected years. Bar chart with tabular version below." />
|
|
<div class="table altTable"><a class="altToggle" href="">Show as table</a>
|
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<table>
|
|
<caption>Table equivalent for chart. Mean percentage allocated to housing expenditures, by housing tenure, selected years</caption>
|
|
<colgroup span="1" style="width:12em"></colgroup>
|
|
<colgroup span="3" style="width:8em"></colgroup>
|
|
<thead>
|
|
<tr>
|
|
<th class="stubHeading" scope="col">Housing tenure</th>
|
|
<th scope="col">2010</th>
|
|
<th scope="col">2015</th>
|
|
<th scope="col">2020</th>
|
|
</tr>
|
|
</thead>
|
|
<tbody>
|
|
<tr>
|
|
<th class="stub0" scope="row">Owner with mortgage</th>
|
|
<td>39.2</td>
|
|
<td>35.7</td>
|
|
<td>39.1</td>
|
|
</tr>
|
|
<tr>
|
|
<th class="stub0" scope="row">Owner without mortgage</th>
|
|
<td>30.8</td>
|
|
<td>30.8</td>
|
|
<td>32.4</td>
|
|
</tr>
|
|
<tr>
|
|
<th class="stub0" scope="row">Renter</th>
|
|
<td>45.9</td>
|
|
<td>48.7</td>
|
|
<td>49.3</td>
|
|
</tr>
|
|
</tbody>
|
|
<tfoot>
|
|
<tr>
|
|
<td class="onlyNote" colspan="4">SOURCE: Interview portions of the 2010, 2015, and 2020 Consumer Expenditure Surveys.</td>
|
|
</tr>
|
|
</tfoot>
|
|
</table>
|
|
</div>
|
|
</div>
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<nav>
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<div id="page36" class="chartArea">
|
|
<h2>Trends in Out-of-Pocket Health Care Expenditures</h2>
|
|
<p>Between 2010 and 2020, expenditures for health insurance rose sharply, while expenditures for prescription and over-the-counter drugs fell among <abbr class="spell">CU</abbr>s aged 65 or older. Measured in 2020 dollars, mean <abbr class="spell">CU</abbr> expenditures for health insurance premiums rose from $3,667 in 2010 to $4,262 in 2015 and $4,860 in 2020. Mean <abbr class="spell">CU</abbr> expenditures for drugs fell from $956 in 2010 to $734 in 2015 and to $710 in 2020. Expenditures for medical services rose from $940 in 2010 to $1,065 in 2015, then fell to $840 in 2020. Expenditures for medical supplies rose from $187 in 2010 to $250 in 2020, but this category accounted for only about 4 percent of out-of-pocket health care expenditures among elderly <abbr class="spell">CU</abbr>s in 2020.</p>
|
|
<div class="svgChart chart700"><img src="page36.svg" role="img" alt="Mean out-of-pocket health care expenditures, by component, selected years. Bar chart with tabular version below." />
|
|
<div class="table altTable"><a class="altToggle" href="">Show as table</a>
|
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<table>
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|
<caption>Table equivalent for chart. Mean out-of-pocket health care expenditures, by component, selected years</caption>
|
|
<colgroup span="1" style="width:12em"></colgroup>
|
|
<colgroup span="3" style="width:8em"></colgroup>
|
|
<thead>
|
|
<tr>
|
|
<th class="stubHeading" scope="col">Component</th>
|
|
<th scope="col">2010</th>
|
|
<th scope="col">2015</th>
|
|
<th scope="col">2020</th>
|
|
</tr>
|
|
</thead>
|
|
<tbody>
|
|
<tr>
|
|
<th class="stub0" scope="row">Health insurance <sup>a</sup></th>
|
|
<td>3,667</td>
|
|
<td>4,262</td>
|
|
<td>4,860</td>
|
|
</tr>
|
|
<tr>
|
|
<th class="stub0" scope="row">Medical services <sup>b</sup></th>
|
|
<td>940</td>
|
|
<td>1,065</td>
|
|
<td>840</td>
|
|
</tr>
|
|
<tr>
|
|
<th class="stub0" scope="row">Drugs</th>
|
|
<td>956</td>
|
|
<td>734</td>
|
|
<td>710</td>
|
|
</tr>
|
|
<tr>
|
|
<th class="stub0" scope="row">Medical supplies <sup>c</sup></th>
|
|
<td>187</td>
|
|
<td>245</td>
|
|
<td>250</td>
|
|
</tr>
|
|
</tbody>
|
|
<tfoot>
|
|
<tr>
|
|
<td class="firstNote" colspan="4">SOURCE: Interview and diary portions of the 2010, 2015, and 2020 Consumer Expenditure Surveys.</td>
|
|
</tr>
|
|
<tr>
|
|
<td class="note" colspan="4">a. Includes fee-for-service health plans, preferred-provider health plans, health maintenance organizations, commercial Medicare supplements, Medicare premiums, and other health insurance.</td>
|
|
</tr>
|
|
<tr>
|
|
<td class="note" colspan="4">b. Includes hospital room and services, professional and physicians' services, eye and dental care, lab tests and <span class="nobr">X-rays,</span> medical care in a retirement community and convalescent or nursing home, and other medical care service.</td>
|
|
</tr>
|
|
<tr>
|
|
<td class="lastNote" colspan="4">c. Includes antiseptics, dressings and bandages, first aid kits, contraceptives, syringes, ice bags, thermometers, vaporizers, heating pads, medical appliances (such as braces, canes, crutches, walkers, eyeglasses, and hearing aids), and rental and repair of medical equipment.</td>
|
|
</tr>
|
|
</tfoot>
|
|
</table>
|
|
</div>
|
|
</div>
|
|
<nav>
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<div id="page37" class="chartArea">
|
|
<h2>Trends in Out-of-Pocket Health Care Expenditures by Component</h2>
|
|
<p>As a proportion of all out-of-pocket expenditures for health care among <abbr class="spell">CU</abbr>s aged 65 or older, health insurance premiums increased from 64 percent in 2010 to 68 percent in 2015 and 73 percent in 2020. Expenditures for drugs were 16 percent of health care spending in 2010, 17 percent in 2015 and 13 percent in 2020. Combined expenditures for medical services and medical supplies declined from 20 percent of total out-of-pocket health care spending in 2010 to 16 percent in 2015 and 15 percent in 2020.</p>
|
|
<div class="svgChart chart700"><img src="page37.svg" role="img" alt="Mean percentage allocated to components of out-of-pocket health care expenditures, selected years. Bar chart with tabular version below." />
|
|
<div class="table altTable"><a class="altToggle" href="">Show as table</a>
|
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<table>
|
|
<caption>Table equivalent for chart. Mean percentage allocated to components of out-of-pocket health care expenditures, selected years</caption>
|
|
<colgroup span="1" style="width:12em"></colgroup>
|
|
<colgroup span="3" style="width:8em"></colgroup>
|
|
<thead>
|
|
<tr>
|
|
<th class="stubHeading" scope="col">Component</th>
|
|
<th scope="col">2010</th>
|
|
<th scope="col">2015</th>
|
|
<th scope="col">2020</th>
|
|
</tr>
|
|
</thead>
|
|
<tbody>
|
|
<tr>
|
|
<th class="stub0" scope="row">Health insurance <sup>a</sup></th>
|
|
<td>63.8</td>
|
|
<td>67.6</td>
|
|
<td>73.0</td>
|
|
</tr>
|
|
<tr>
|
|
<th class="stub0" scope="row">Medical services <sup>b</sup></th>
|
|
<td>16.6</td>
|
|
<td>11.6</td>
|
|
<td>10.7</td>
|
|
</tr>
|
|
<tr>
|
|
<th class="stub0" scope="row">Drugs</th>
|
|
<td>16.3</td>
|
|
<td>16.9</td>
|
|
<td>12.6</td>
|
|
</tr>
|
|
<tr>
|
|
<th class="stub0" scope="row">Medical supplies <sup>c</sup></th>
|
|
<td>3.3</td>
|
|
<td>3.9</td>
|
|
<td>3.8</td>
|
|
</tr>
|
|
</tbody>
|
|
<tfoot>
|
|
<tr>
|
|
<td class="firstNote" colspan="4">SOURCE: Interview and diary portions of the 2010, 2015, and 2020 Consumer Expenditure Surveys.</td>
|
|
</tr>
|
|
<tr>
|
|
<td class="note" colspan="4">a. Includes fee-for-service health plans, preferred-provider health plans, health maintenance organizations, commercial Medicare supplements, Medicare premiums, and other health insurance.</td>
|
|
</tr>
|
|
<tr>
|
|
<td class="note" colspan="4">b. Includes hospital room and services, professional and physicians' services, eye and dental care, lab tests and <span class="nobr">X-rays,</span> medical care in a retirement community and convalescent or nursing home, and other medical care service.</td>
|
|
</tr>
|
|
<tr>
|
|
<td class="lastNote" colspan="4">c. Includes antiseptics, dressings and bandages, first aid kits, contraceptives, syringes, ice bags, thermometers, vaporizers, heating pads, medical appliances (such as braces, canes, crutches, walkers, eyeglasses, and hearing aids), and rental and repair of medical equipment.</td>
|
|
</tr>
|
|
</tfoot>
|
|
</table>
|
|
</div>
|
|
</div>
|
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<nav>
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<div id="page38" class="chartArea" onfocus="window.scrollTo(0,0)">
|
|
<h2>Comparison of Estimates Based on Consumer Expenditure Survey Public-Use File and Bureau of Labor Statistics Published Estimates</h2>
|
|
<div class="table">
|
|
<table>
|
|
<caption>Estimated mean expenditures of <abbr class="spell">CU</abbr>s 65 or older, by data source and expenditure category, 2020</caption>
|
|
<colgroup span="1" style="width:18em"></colgroup>
|
|
<colgroup span="3" style="width:6em"></colgroup>
|
|
<colgroup span="3" style="width:6em"></colgroup>
|
|
<thead>
|
|
<tr>
|
|
<th class="stubHeading" scope="colgroup" rowspan="2">Expenditure category</th>
|
|
<th class="spanner" scope="colgroup" colspan="3">Consumer Expenditure Survey <span class="nobr">public-use file</span></th>
|
|
<th class="spanner" scope="colgroup" colspan="3">Bureau of Labor Statistics</th>
|
|
</tr>
|
|
<tr>
|
|
<th scope="col">Mean ($)</th>
|
|
<th scope="col">Standard error ($)</th>
|
|
<th scope="col">Coefficient of variation (%)</th>
|
|
<th scope="col">Mean ($)</th>
|
|
<th scope="col">Standard error ($)</th>
|
|
<th scope="col">Coefficient of variation (%)</th>
|
|
</tr>
|
|
</thead>
|
|
<tbody>
|
|
<tr>
|
|
<th class="stub1" scope="row">Total expenditures</th>
|
|
<td>47,457</td>
|
|
<td>804</td>
|
|
<td>1.7</td>
|
|
<td>47,579</td>
|
|
<td>799</td>
|
|
<td>1.7</td>
|
|
</tr>
|
|
<tr>
|
|
<th class="stub0" scope="row">Food</th>
|
|
<td>5,681</td>
|
|
<td>204</td>
|
|
<td>3.6</td>
|
|
<td>5,698</td>
|
|
<td>204</td>
|
|
<td>3.6</td>
|
|
</tr>
|
|
<tr>
|
|
<th class="stub0" scope="row">Housing</th>
|
|
<td>17,469</td>
|
|
<td>322</td>
|
|
<td>1.8</td>
|
|
<td>17,435</td>
|
|
<td>306</td>
|
|
<td>1.8</td>
|
|
</tr>
|
|
<tr>
|
|
<th class="stub0" scope="row">Apparel and services</th>
|
|
<td>818</td>
|
|
<td>68</td>
|
|
<td>8.3</td>
|
|
<td>821</td>
|
|
<td>68</td>
|
|
<td>8.3</td>
|
|
</tr>
|
|
<tr>
|
|
<th class="stub0" scope="row">Transportation</th>
|
|
<td>6,216</td>
|
|
<td>251</td>
|
|
<td>4.0</td>
|
|
<td>6,221</td>
|
|
<td>252</td>
|
|
<td>4.1</td>
|
|
</tr>
|
|
<tr>
|
|
<th class="stub0" scope="row">Health care</th>
|
|
<td>6,661</td>
|
|
<td>118</td>
|
|
<td>1.8</td>
|
|
<td>6,668</td>
|
|
<td>122</td>
|
|
<td>1.8</td>
|
|
</tr>
|
|
<tr>
|
|
<th class="stub0" scope="row">Entertainment</th>
|
|
<td>2,291</td>
|
|
<td>116</td>
|
|
<td>5.1</td>
|
|
<td>2,293</td>
|
|
<td>116</td>
|
|
<td>5.0</td>
|
|
</tr>
|
|
<tr>
|
|
<th class="stub0" scope="row">Personal care products and services</th>
|
|
<td>505</td>
|
|
<td>19</td>
|
|
<td>3.7</td>
|
|
<td>505</td>
|
|
<td>19</td>
|
|
<td>3.7</td>
|
|
</tr>
|
|
<tr>
|
|
<th class="stub0" scope="row">Reading materials</th>
|
|
<td>156</td>
|
|
<td>17</td>
|
|
<td>10.9</td>
|
|
<td>157</td>
|
|
<td>17</td>
|
|
<td>10.8</td>
|
|
</tr>
|
|
<tr>
|
|
<th class="stub0" scope="row">Education</th>
|
|
<td>440</td>
|
|
<td>74</td>
|
|
<td>16.9</td>
|
|
<td>450</td>
|
|
<td>75</td>
|
|
<td>16.6</td>
|
|
</tr>
|
|
<tr>
|
|
<th class="stub0" scope="row">Alcoholic beverages</th>
|
|
<td>364</td>
|
|
<td>32</td>
|
|
<td>8.9</td>
|
|
<td>363</td>
|
|
<td>32</td>
|
|
<td>8.9</td>
|
|
</tr>
|
|
<tr>
|
|
<th class="stub0" scope="row">Tobacco products</th>
|
|
<td>207</td>
|
|
<td>14</td>
|
|
<td>6.6</td>
|
|
<td>207</td>
|
|
<td>14</td>
|
|
<td>6.5</td>
|
|
</tr>
|
|
<tr>
|
|
<th class="stub0" scope="row">Miscellaneous</th>
|
|
<td>805</td>
|
|
<td>99</td>
|
|
<td>12.3</td>
|
|
<td>921</td>
|
|
<td>107</td>
|
|
<td>11.7</td>
|
|
</tr>
|
|
<tr>
|
|
<th class="stub0" scope="row">Cash contributions</th>
|
|
<td>3,121</td>
|
|
<td>218</td>
|
|
<td>7.0</td>
|
|
<td>3,119</td>
|
|
<td>217</td>
|
|
<td>7.0</td>
|
|
</tr>
|
|
<tr>
|
|
<th class="stub0" scope="row">Insurance and pensions</th>
|
|
<td>2,724</td>
|
|
<td>134</td>
|
|
<td>4.9</td>
|
|
<td>2,721</td>
|
|
<td>136</td>
|
|
<td>5.0</td>
|
|
</tr>
|
|
</tbody>
|
|
<tfoot>
|
|
<tr>
|
|
<td class="firstNote" colspan="7">SOURCES: 2020 Consumer Expenditure Survey public-use file and the Bureau of Labor Statistics (<a href="https://www.bls.gov/cex/tables/calendar-year/mean-item-share-average-standard-error/reference-person-age-ranges-2020.pdf">https://www.bls.gov/cex/tables/calendar-year/mean-item-share-average-standard-error/reference-person-age-ranges-2020.pdf</a>).</td>
|
|
</tr>
|
|
<tr>
|
|
<td class="lastNote" colspan="7">NOTE: Mean values may differ between the public-use file and Bureau of Labor Statistics published estimates because some expenditures <span class="nobr">are top-coded.</span></td>
|
|
</tr>
|
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</tfoot>
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</table>
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