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