![]() ![]() Shares of average expenditures for selected major components in the United States and Seattle metropolitan area, 2020–21 Category Percent share of average annual expenditures for housing, transportation, and food, United States and 22 metropolitan areas, 2020–21 AreaChart 1. average at the 95-percent confidence level. Note: An asterisk (*) represents a statistically significant difference from the U.S. Average annual expenditures, characteristics, and percent distributions, United States and Los Angeles metropolitan area, 2020–21 Category Voice phone: 20 Telecommunications Relay Service: 7-1-1. Metropolitan area news releases for the Consumer Expenditure Survey are available at Information in this release will be made available to sensory impaired individuals upon request. A large difference between two values may not be statistically significant, while a small difference could be significant both the sample size and the variation among the values in the sample affect the relative error of the estimates.įor additional technical and related information, see Data for the nation, the four geographic regions of the U.S., and 22 metropolitan areas nationwide are available at Metropolitan definitions used in the survey are available at The metropolitan area discussed in this release is Los Angeles, CA Metropolitan Statistical Area which comprises Los Angeles, Orange, Riverside, and San Bernardino Counties in California. Statistical significance is concerned with our ability to make confident statements about a universe based on a sample. Users should also keep in mind that prices for many goods and services have changed since the survey was conducted.Ī value that is statistically different from another does not necessarily mean that the difference has economic or practical significance. estimates and year-to-year changes are more reliable than those for the metropolitan areas. Sample sizes for the metropolitan areas are much smaller than for the nation, so the U.S. ![]() However, expenditure shares, or the percentage of a household’s budget spent on a particular component, can be used to compare spending patterns across areas. Spending differences may result from different consumer preferences or variations in demographic characteristics, such as household size, age, or income levels. The terms household or consumer unit are used interchangeably for convenience.ĭifferences in spending among metropolitan areas may reflect differences in the cost of living, but they also may reflect other causes. The data in this release were averaged over a 2-year period, 20.Ī household in the CE survey is defined as a consumer unit which includes families, single persons living alone or sharing a household with others but who are financially independent, or two or more persons living together who share expenses. Additional informationĭata in this release are from the Consumer Expenditure Survey (CE), which the U.S. household spent 65.3 percent of its food budget on food at home and 34.7 percent on food away from home. Los Angeles-area households spent $5,571, or 63.5 percent, of their food dollars on food at home and $3,201 (36.5 percent) on food away from home. Food: The portion of a Los Angeles household’s budget spent on food, 12.7 percent, was not significantly different from the 12.2-percent U.S.Of the $11,219 in annual transportation expenditures in Los Angeles, 97.3 percent was spent buying and maintaining private vehicles this compared to the national average of 96.6 percent. Transportation: Los Angeles-area households spent 16.3 percent of their budget on transportation, not significantly different from the national average of 16.2 percent.Housing expenditures shares among the 22 published metropolitan areas nationwide ranged from 41.9 percent in San Francisco to 30.7 percent in St. Among the 22 metropolitan areas nationwide for which data were available, Los Angeles was 1 of 10 areas to have a housing expenditure share significantly higher than the 34.3-percent U.S. Housing: This was the largest expenditure component for Los Angeles-area households and averaged $26,143.Highlights of the Los Angeles area’s 2020–21 spending patterns: Note: An asterisk indicates a statistically significant difference at the 95-percent confidence level. Shares of average expenditures for selected major components in the United States and Los Angeles metropolitan area, 2020–21 Category ![]()
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