What Will It Cost Me?

Real-life costs, made simple.

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American Spending Report

Explore clearly sourced U.S. household spending statistics and understand what the averages actually measure.

2024 U.S. consumer-unit spending

According to the BLS Consumer Expenditures 2024 report, average annual transportation spending was $13,318 per consumer unit. This is not the cost of a single car.

Transportation: $13,318 per year
Net vehicle purchases: $5,337
Gasoline and other fuels: $2,645
Other vehicle expenses: $4,206

The listed subcategories should not be assumed to represent every category of transportation expenditure. Data is from 2024, not a current-year price quote.

Emergency savings preparedness

In the Federal Reserve's survey covering 2024, 55% of adults said they had savings to cover three months of expenses. This is a survey share, not a dollar balance.

Federal Reserve report

For broader categories, explore BLS Consumer Expenditures. The reporting period and population matter when comparing figures.