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Food accounted for 12.9 percent of U.S. households’ expenditures in 2023

by Megan Sweitzer and Victoria Davidenko
11/1/2024

Food Prices, Expenditures, and Establishments

Donut chart showing the share of U.S. household expenditures by major categories in 2023.

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Expenditures on food accounted for 12.9 percent of U.S. households’ spending, on average, in 2023, an increase from 12.8 percent in 2022. The share of household expenditures on food ranked third behind housing (32.9 percent) and transportation (17.0 percent). Compared with 2022, the shares of spending for the education/reading, food, transportation, personal insurance/pensions, and “other” categories rose in 2023, and shares for the apparel, cash contributions, healthcare, housing, and entertainment/alcoholic beverages categories of spending fell.

Food accounted for 12.9 percent of U.S. households’ expenditures in 2023

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