# Consumer spending on housing

Personal consumption expenditures on housing services: rent paid by tenants, the imputed rent of owner-occupied homes, farm dwellings and group housing, by the households and nonprofit institutions serving households resident in the place, in millions of current US dollars. Bureau of Economic Analysis, PCE by state by type of product (table SAPCE3, line 50, Housing); the national figure equals the national accounts (NIPA table 2.4.5).

## Key facts

- Consumer spending on housing in the United States was $3.33 trillion in 2025, according to the U.S. Bureau of Economic Analysis.
- California had the highest consumer spending on housing of 51 states in 2025, at $464.36 billion, and Wyoming the lowest, at $5.78 billion. Source: the U.S. Bureau of Economic Analysis.
- Published for 52 places, with figures from 1997 to 2025.
- Figures last updated on 2026-10-12.

- Indicator id: `consumer_spending_usd_housing`
- Unit: USD million
- Note: About three quarters is the rent homeowners would pay for their own home, an estimate that is not a cash outlay. Mortgage payments are not consumer spending. Millions of current US dollars: not adjusted for inflation or for price differences between states (see regional_price_parity). Spending is assigned to the state where the buyer lives, wherever the purchase is made. It includes purchases paid on behalf of households by employers, insurers and government programs, and the spending of nonprofit institutions serving households. Not the same as retail sales, which count store sales where the store is, and not the PCE price index. BEA revises the latest years every September.
- Web page: https://invokely.ai/en/consumer-spending-housing
- API: https://invokely.ai/api/v1/indicators/consumer_spending_usd_housing

## Latest figures

| Place | Period | USD million | Source |
|---|---|---:|---|
| United States | 2025 | 3,326,283.9 | U.S. Bureau of Economic Analysis. SAPCE3: personal consumption expenditures by state by type of product, housing (line 50), millions of current dollars, United States and states. https://apps.bea.gov/regional/zip/SAPCE.zip. Retrieved 2026-10-12. |

## Rankings

- [US states](https://invokely.ai/rankings/consumer-spending-housing/us-states.md) (51 places)