Food rose to 12.8 percent of U.S. households’ expenditures in 2022
Expenditures on food accounted for 12.8 percent of U.S. households’ spending in 2022, an increase from 12.4 percent in 2021. The share of household expenditures on food ranked third behind housing (33.3 percent) and transportation (16.8 percent). Compared with 2021, the shares of spending for savings, food, transportation, personal insurance/pensions, and apparel categories rose in 2022, and shares for entertainment/alcoholic beverages, healthcare, housing, education/reading, and “other” categories of spending fell.
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