Attachment M(d) Age Category Spending Summary

Consumer Expenditures Vary By Age
Household Income

Household Expenditures

120,000
100,000

$92,576

$80,474

80,000
60,000
40,000

$99,423

$58,141

$66,470

$71,166

$66,444

$52,838

$61,346
$57,229
$50,873
$38,691
$35,178

$34,438

20,000
0

Under age 25 Age 25-34

Age 35-44

Age 45-54

Age 55-64

Age 65-74

Age 75 and
older

CE household data show that household annual expenditures and pretax income change with age.
Household expenditures are highest at age 45-54 when peak earnings are reached.
Source: 2016 Consumer Expenditure Survey

U.S. Department of Commerce
Economic and Statistics Administration
U.S. CENSUS BUREAU

census.gov

U.S. Department of Labor
Bureau of Labor Statistics

bls.gov