The given figures detail how families’ money was spent differing between 1965 and 2015.
Overall, what stands out from the chart is that the highest percebtage can be seen in housing throughout the years. By contrast, the spending on other needs was always the least. Another striking feature is that the figure for food experienced the biggest change.
In the initial year of the survey, food led the chart, accounting for 35%. This was followed closely by housing with 30%. Ranked in the next places are healthcare and clothing with about 15%. At the bottom stood transportation and other demands, with just under 10% combined.
In the next 50 years, an upward trend can be witnessed clearly in healthcare, transportation and housing expenditure with a margin of 10% and 5% respectively. However, there was a decline of clothing and food of almost 10% and 20%, respectively. It is also worth noticing that the spending rate on food was less than half of what it had been.
