The pie chart compares the percentages of money spent by US households on various categories, while the bar chart illustrates the distribution of income among households and individuals.
Overall, housing accounted for the largest share of consumer spending, whereas the lowest percentages were allocated to savings, apparel, and other expenses. In the bar chart, most individuals earned under $25,000, while households had a wider range of income distribution.
In terms of the pie chart, housing took the largest portion of consumer expenditure, making up 33% of the total spending. Transportation came next at 18%, followed by food at 13%, and personal insurance and pensions at 11%. Health care and entertainment accounted for 7% and 6%, respectively. The lowest percentages, each around 3%, were spent on savings, apparel, education, and other categories.
For the bar chart, 29% of individuals earned less than $25,000, and 36% fell into the $25,000–$50,000 range. In contrast, only 7% of individuals earned over $100,000. Households were more evenly distributed, with 24% earning $25,000–$50,000, and 18% in both the $50,000–$75,000 and $100,000+ income groups. The fewest households (11%) were in the $75,000–$100,000 range.