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Puget Sound area households spend 20 percent more than U.S. average
The latest Puget Sound area Consumer Expenditure Survey news release is now available from BLS online at http://www.bls.gov/ro9/cexseat.pdf.
Items of note include:
- Consumer units (households) in the Seattle area spent an average of $60,674 per year in 2011-2012, 20 percent above the $50,581 U.S. average.
- Housing in the Seattle area averaged $20,681 annually and was the largest expenditure category, accounting for 34.1 percent percent of a Seattle area household’s total spending.
- Transportation and food were the next largest expenditure categories, accounting for 15.7 percent and 12.8 percent of total expenditures respectively.
- Healthcare expenditures accounted for 6.2 percent of a typical household budget in the Seattle area, below the nationwide average of 6.8 percent.