US Household Spending on Food and Shelter Hits 2010 High

The Bureau of Labor Statistics released a consumer expenditure survey showing that the share of American household spending on food and shelter has reached its highest level since 2010. On average, U.S. families spent $1,988 more on housing and groceries combined last year compared to 2024.

The data indicates a disconnect between broad economic growth metrics and the lived experience of consumers. While general economic indicators may show growth, individual households are facing significantly rising costs for essential needs.