US Household Spending
The average US household has income of $73,574 and spends $53,708, with the rest going to taxes and savings, as shown in this 100% stacked bar chart. Housing-related costs (including utilities) account for about 27% of spending. Vehicle costs, including gas and insurance, account for 17%. Fourteen percent of spending is on food with 8% at home and 6% outside the home. Health insurance and other medial costs account for 9% of spending, household expenses 8% and entertainment 6%. The data from the Bureau of Labor Statistics were organized and consolidated by Engaging Data. They also have similar charts for each income quintile.
US Household Spending in a 100% Stacked Bar Chart with Exploding Segment
How I Made This 100% Stacked Bar Chart with Exploding Segment
The data is organized so that the three bars (columns) each have data in different rows (series) as shown below:
Here are the steps to make the 100% stacked bar chart:
- type data from Engaged Data website into Mekko Graphics Data Editor as shown above
- combine some of the series to increase readability (e.g., combine federal, state and local taxes)
- apply a custom soft to the series so that like spending categories are grouped together (e.g, vehicles is grouped with gas and insurance)
- show series labels with values and percentages
- add the y axis title
- hide other parts of y axis and hide x axis line
- adjust internal chart margins and bar gaps
- add segment links to show that spending series in income use bar explodes into spending bar
- adjust colors for series so that like spending items have similar colors as do difference income source and use series
Take This Chart and Make It Your Own
Download this chart and edit it using Mekko Graphics. See more bar charts in our chart gallery. Here are some other charts that may be of interest:
