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Americans dedicate nearly half of budget to food and housing

Americans are dedicating nearly half of their budgets to essential expenses like food and housing, a trend that has persisted for at least 15 years. In 2025, these necessities consumed 46.9% of average household spending, with housing costs rising 5.8% and food costs increasing 4.6% year-over-year. This financial strain is reflected in low consumer sentiment, with purchasing power and affordability concerns dominating public views of the economy. AI

RANK_REASON Article discusses economic trends and consumer sentiment based on reports, rather than announcing a new product or research.

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AI-generated summary · Google Gemini · from 1 sources. How we write summaries →

Americans dedicate nearly half of budget to food and housing

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Article discusses economic trends and consumer sentiment based on reports, rather than announcing a new product or research.
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COVERAGE [1]

  1. Fortune TIER_1 English(EN) · Joshua Hong ·

    Americans now spend nearly half of their budgets on food and housing alone, the biggest share in 15 years

    Housing and food spending rose faster than inflation in 2025, just as consumer sentiment is stuck near all-time lows.