The table illustrates the average monthly expenditure in US dollars across five spending categories by three different incomes in 2021,while the accompanying pie chart depicts how each category contributed to total spending percentage-wise for income groups from low income to upper-middle.
Overall, housing represented the largest proportion of total spending,while health constituted the smallest share.Notably, spending was evenly divided,with housing and health accounting for half of total expenditure and demonstrating upward trends with income,whereas food, transport,entertainment comprised the other half and didn’t show declining patterns as incomes grew because,they also rose significantly.
Regarding the distribution of spending among low-income to upper-middle, housing dominated overall expenditure at 35%, representing the largest share by a considerable margin.Food accounted for 25% of the total, making it the second – largest category.Entertainment comprised at 12%, while transport was at 20%.Health represented the smallest share at just 8%.
Looking at how spending patterns changed across income groups, housing and health expenditure both increased substantially with income.Housing spending more than doubled from $180 for low-incomes to $410 for those upper-middle incomes,while health costs rose dramatically from $30 to $110 representing an increase.
Conversely, spending on food, transportation,and entertainment all increased rapidly.Food grew from $140 to $260, entertainment fell from $44 to $120,and transport showed the quick rise, increasing from $60 to $180 for those low income groups and above.