The table illustrates the average amount of money spent monthly on different categories of goods – food, clothing, entertainment, education, and health – by people in four age groups in 2020. The pie chart depicts the proportion of total spending that each category represents.
Overall, “food” accounted the largest proportion of total expenditure across all catgories; whereas, “education” was given the lowest importance. Spending patterns varied significantly between younger and older age groups, with younger individuals preferring “clothing” and “entertainment”, while old age groups allocated more money to “health”.
As per the tabular data, 36-45 and 46-55 age circles spent the highest dollars on “food”, $412 and $ 482 respectively, comparing with $217 by 18-25 and $289 by 26-35. “Clothing” and “entertainment” had a roughly the same pattern, 18-25 age group allocated $143 on “clothing” and $102 on “entertainment”; remaining groups were fairy balanced.While the “health” was mainly preferred by 36-45 and 46-55 age circles, at $107 and $149 consecutively.
On the flip side, as per the pie chart, 40% of overall spending invested on “food” category, followed by 20% on “clothing” style. While “education” was a merely category that received only 10% of total expense.
Comparing tha data of “entertainment” and “health”, both categories were noticeably obtained the same percentage of overall expenditure.