The bar chart shows the spending of households on common expenses in the US, UK, and Australia in 2012.
Overall, among all fields, accommodation accounted for the highest expenditure, which contrasts remarkably with medical care, the least concerned area. In addition, the US spent more money on all sectors than the UK except for food. Australia recorded the highest expenses on transport and entertaining activities among 3 countries, while the highest expenditure for the US was housing and healthcare services.
Looking at Australia, citizens spent around 22% of their budget on housing, which was fivefold higher than that of health care (roughly 4%). The 2nd sector attracted people’s investment was transport, with 20%. Food and Entertainment shared an equal percentage of 15%.
Regarding the US, housing expenditure was around 26% of household expenses, which was around 5% and 3% higher than the figures for Australia and the UK. In contrast, medical care only made up approximately 7%. Spending on Food, Transport, and Entertainment ranged from around 12% to slightly over 15%.
In the UK, over a fifth of individuals’ expenses was spent on housing, while medical care accounted for under 4%, making it the least favored area compared to other nations. Food was the 2nd largest category (20%), which was followed by transport (15%). UK citizens spent exactly 10% of their expenditure on entertainment.