A consumer unit consists of any of the following: (1) All members of a particular household who are related by blood, marriage, adoption, or other legal arrangements; (2) a person living alone or sharing a household with others or living as a roomer in a private home or lodging house or in permanent living quarters in a hotel or motel, but who is financially independent; or (3) two or more persons living together who use their incomes to make joint expenditure decisions. Financial independence is determined by spending behavior with regard to the three major expense categories: Housing, food, and other living expenses. To be considered financially independent, the respondent must provide at least two of the three major expenditure categories, either entirely or in part. Data are diary-based. Figures prior to 2020 have been taken from previous publications.
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U.S. household expenditure on personal insurance and pensions 2007-2024
In 2024, the average expenditure on personal insurance and pensions in the United States amounted to *** U.S. dollars per consumer unit, the highest number recorded in the timeline analyzed. The share of Americans over 64 years is forecast to rise until at least 2050, which will increase the proportion of the population reliant on private retirement savings and Social Security benefits.
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Bureau of Labor Statistics. (December 19, 2025). Average annual expenditure on personal insurance and pensions per consumer unit in the United States from 2007 to 2024 (in U.S. dollars) [Graph]. In ÌÇÐÄÆƽâ°æ. Retrieved July 24, 2026, from /statistics/1052481/us-consumer-spending-on-personal-insurance-pensions/
Bureau of Labor Statistics. "Average annual expenditure on personal insurance and pensions per consumer unit in the United States from 2007 to 2024 (in U.S. dollars)." Chart. December 19, 2025. ÌÇÐÄÆƽâ°æ. Accessed July 24, 2026. /statistics/1052481/us-consumer-spending-on-personal-insurance-pensions/
Bureau of Labor Statistics. (2025). Average annual expenditure on personal insurance and pensions per consumer unit in the United States from 2007 to 2024 (in U.S. dollars). ÌÇÐÄÆƽâ°æ. ÌÇÐÄÆƽâ°æ Inc.. Accessed: July 24, 2026. /statistics/1052481/us-consumer-spending-on-personal-insurance-pensions/
Bureau of Labor Statistics. "Average Annual Expenditure on Personal Insurance and Pensions per Consumer Unit in The United States from 2007 to 2024 (in U.S. Dollars)." ÌÇÐÄÆƽâ°æ, ÌÇÐÄÆƽâ°æ Inc., 19 Dec 2025, /statistics/1052481/us-consumer-spending-on-personal-insurance-pensions/
Bureau of Labor Statistics, Average annual expenditure on personal insurance and pensions per consumer unit in the United States from 2007 to 2024 (in U.S. dollars) ÌÇÐÄÆƽâ°æ, /statistics/1052481/us-consumer-spending-on-personal-insurance-pensions/ (last visited July 24, 2026)
Average annual expenditure on personal insurance and pensions per consumer unit in the United States from 2007 to 2024 (in U.S. dollars) [Graph], Bureau of Labor Statistics, December 19, 2025. [Online]. Available: /statistics/1052481/us-consumer-spending-on-personal-insurance-pensions/
