The bar chart shows the spending of households on common expenses in the US, UK, and Australia in 2012. Overall, families spend most of their budget on housing, while the medical sector accounts for the smallest share.
Regarding the USA, where residents allocated the highest proportion of domestic spending on accommodation, over 25% of their funding, twice the amount American households spent on entertainment, and nearly quadrupled on health-related costs. Along with those expenditures, food and housing account for around 15% of the total spending.
A similar spending trend was also reported in the UK household: the cost of accommodation accounts for the largest proportion of the expense, around 24%. The spending for transportation and entertainment is similar to the American household, but the Brits spend a greater proportion on food and less on medical costs.
Regarding the last country, the Australians spend the least share on housing expenses, leveled to transportation costs at 20%. Food and entertainment represent a smaller proportion at 15% each, while medical continued to be the least spent on at around 4%.
