Seattle households spend 26 percent more than U.S. average
Households in the Seattle area spent an average of $63,565 per year in 2007 and 2008, about 26 percent more than the $50,063 spent by an average U.S. household during the same time.
According to data compiled by the U.S. Bureau of Labor Statistics, although Seattle households spent more money than a typical U.S. household, they allocate their expenditures in about the same percentages in various spending categories.
For example, the average U.S. household spent 34 percent of its total expenditures on housing costs during 2007 and 2008; the average Seattle household spent 33 low interest rate personal loans.8 percent on housing during the same time. The average U.S. household spent 17.3 percent of its total expenditure on transportation but the category represented only 15.2 percent of a Seattle household’s total expenditures.
Seattle households spent 12.2 percent of their total expenditures on personal insurance and pensions; that was more than the U.S. average of 10.9 percent.
Filed under: economics by Pascal