The numbers don't lie. They just don't add up. In 2024, the average American household spent $78,535—and that figure comes directly from the Bureau of Labor Statistics, which released its annual ...
In 2023, the average retiree age 65 or older spent just over $5,000 per month. The largest portion of that went toward housing. See how your spending compares.
The U.S. Bureau of Labor Statistics (BLS) regularly publishes data on the income and expenses of Americans by age group. For retirees, data is divided into two categories: ages 65 to 74, and ages 75+.