In 2020, the average American household spent $9,826, or 16% of all yearly household spending, on transportation. Automobile purchases, gas and oil costs, additional car costs (maintenance, insurance, etc.), and public transportation fees are all included in the transportation category. Transportation accounted for 18% of total expenditures for households with incomes between $50,000 and $59,999, the largest percentage of any income level. Despite the fact that people with the greatest incomes spent more overall on transportation, it accounted for only 13.3% of their household spending, the lowest amount of any income category.
U.S. Department of Labor, Bureau of Labor Statistics, Consumer Expenditure Survey Tables, Table 1203 Income Before Taxes is the source of the featured graph. Fact #1248 Dataset
Thanks to Transportation Fact of the Week, Vehicle Technologies Office
Go back to 2022 Fact of the Week
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