Data / Average annual household spending on vehicle purchases / United States

Average annual household spending on vehicle purchases in United States

Average annual household spending on vehicle purchases in the United States was $5,337 in 2024, according to the U.S. Bureau of Labor Statistics. That is down 3.6% from 2023.

2024, USD5,337
Change on 2023-3.6%
Series high5,5392023
Series low1,8131984

Next release: Thursday, 29 October 2026, 10:00 ET, announced by BLS. Release calendar

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Average annual household spending on vehicle purchases in United States, 1984 to 2024

1,0002,0003,0004,0005,0006,00019841990199620022008201420241984: 1,813 USD1985: 2,043 USD1986: 2,338 USD1987: 2,022 USD1988: 2,361 USD1989: 2,291 USD1990: 2,129 USD1991: 2,111 USD1992: 2,189 USD1993: 2,319 USD1994: 2,725 USD1995: 2,638 USD1996: 2,815 USD1997: 2,736 USD1998: 2,964 USD1999: 3,305 USD2000: 3,418 USD2001: 3,579 USD2002: 3,665 USD2003: 3,732 USD2004: 3,397 USD2005: 3,544 USD2006: 3,421 USD2007: 3,244 USD2008: 2,755 USD2009: 2,657 USD2010: 2,588 USD2011: 2,669 USD2012: 3,210 USD2013: 3,271 USD2014: 3,301 USD2015: 3,997 USD2016: 3,634 USD2017: 4,054 USD2018: 3,975 USD2019: 4,394 USD2020: 4,523 USD2021: 4,828 USD2022: 4,496 USD2023: 5,539 USD2024: 5,337 USD1,0002,0003,0004,0005,0006,00019841998201220241984: 1,813 USD1985: 2,043 USD1986: 2,338 USD1987: 2,022 USD1988: 2,361 USD1989: 2,291 USD1990: 2,129 USD1991: 2,111 USD1992: 2,189 USD1993: 2,319 USD1994: 2,725 USD1995: 2,638 USD1996: 2,815 USD1997: 2,736 USD1998: 2,964 USD1999: 3,305 USD2000: 3,418 USD2001: 3,579 USD2002: 3,665 USD2003: 3,732 USD2004: 3,397 USD2005: 3,544 USD2006: 3,421 USD2007: 3,244 USD2008: 2,755 USD2009: 2,657 USD2010: 2,588 USD2011: 2,669 USD2012: 3,210 USD2013: 3,271 USD2014: 3,301 USD2015: 3,997 USD2016: 3,634 USD2017: 4,054 USD2018: 3,975 USD2019: 4,394 USD2020: 4,523 USD2021: 4,828 USD2022: 4,496 USD2023: 5,539 USD2024: 5,337 USD
USD. Source: BLS, Consumer Expenditure Surveys: average annual expenditures on vehicle purchases, all consumer units (CXUVEHPURCHLB0101M). Retrieved 2026-10-12, published 2025-12-19.
All 41 values
PeriodUSD
20245,337
20235,539
20224,496
20214,828
20204,523
20194,394
20183,975
20174,054
20163,634
20153,997
20143,301
20133,271
20123,210
20112,669
20102,588
20092,657
20082,755
20073,244
20063,421
20053,544
20043,397
20033,732
20023,665
20013,579
20003,418
19993,305
19982,964
19972,736
19962,815
19952,638
19942,725
19932,319
19922,189
19912,111
19902,129
19892,291
19882,361
19872,022
19862,338
19852,043
19841,813

Definition

Average annual spending on vehicle purchases per consumer unit in the United States, in current US dollars, from the Consumer Expenditure Surveys of the U.S. Bureau of Labor Statistics (series CXUVEHPURCHLB0101M, all consumer units, mean).

More on how it is measured
  • The purchase price of new and used cars, trucks and other vehicles such as motorcycles, minus trade-in value (net outlay), counted in full in the year of purchase.
  • Finance charges on vehicle loans are part of transportation, not of this category.
  • A consumer unit is a family, a financially independent person living alone or sharing a home, or two or more people living together who share major expenses; it is close to a household.
  • Spending includes sales taxes and gifts and excludes purchases for business; a purchase counts in full when it is made, even if it is paid in installments.

An average per consumer unit, not per person: consumer units had 2.4 people on average in 2024. Current dollars, not adjusted for inflation. United States only. It measures what households pay themselves, so it is lower than personal consumption expenditures in the national accounts, which also count spending on behalf of households, such as employer-paid health insurance.

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How to cite

U.S. Bureau of Labor Statistics. Consumer Expenditure Surveys: average annual expenditures on vehicle purchases, all consumer units (CXUVEHPURCHLB0101M). https://download.bls.gov/pub/time.series/cx/cx.data.1.AllData. Retrieved 2026-10-12.

Citation styles

The publisher is the author. Invokely is named only as the place the figures were read, where a style asks for it.

APA 7

U.S. Bureau of Labor Statistics. (2025). Consumer Expenditure Surveys: average annual expenditures on vehicle purchases, all consumer units (CXUVEHPURCHLB0101M) (Average annual household spending on vehicle purchases, United States, 1984 to 2024) [Data set]. Retrieved October 12, 2026, from https://download.bls.gov/pub/time.series/cx/cx.data.1.AllData

MLA 9

Consumer Expenditure Surveys: average annual expenditures on vehicle purchases, all consumer units (CXUVEHPURCHLB0101M), Average annual household spending on vehicle purchases, United States, 1984 to 2024. U.S. Bureau of Labor Statistics, 19 Dec. 2025, https://download.bls.gov/pub/time.series/cx/cx.data.1.AllData. Invokely, https://invokely.ai/en/household-spending-vehicle-purchases/united-states. Accessed 12 Oct. 2026.

Chicago (author-date)

U.S. Bureau of Labor Statistics. 2025. Consumer Expenditure Surveys: average annual expenditures on vehicle purchases, all consumer units (CXUVEHPURCHLB0101M). Average annual household spending on vehicle purchases, United States, 1984 to 2024. Dataset. Accessed October 12, 2026. https://download.bls.gov/pub/time.series/cx/cx.data.1.AllData. Also distributed by Invokely, https://invokely.ai/en/household-spending-vehicle-purchases/united-states.

Harvard

U.S. Bureau of Labor Statistics (2025) Consumer Expenditure Surveys: average annual expenditures on vehicle purchases, all consumer units (CXUVEHPURCHLB0101M), Average annual household spending on vehicle purchases, United States, 1984 to 2024 [Dataset]. Available at: https://download.bls.gov/pub/time.series/cx/cx.data.1.AllData, via Invokely: https://invokely.ai/en/household-spending-vehicle-purchases/united-states (Accessed: 12 October 2026).

BibTeX
@misc{bureau_average_annual_household_spending_2024,
  author = {{U.S. Bureau of Labor Statistics}},
  title = {{Consumer Expenditure Surveys: average annual expenditures on vehicle purchases, all consumer units (CXUVEHPURCHLB0101M): Average annual household spending on vehicle purchases, United States, 1984 to 2024}},
  year = {2025},
  howpublished = {Data set},
  url = {https://download.bls.gov/pub/time.series/cx/cx.data.1.AllData},
  urldate = {2026-10-12},
  note = {Accessed via Invokely, https://invokely.ai/en/household-spending-vehicle-purchases/united-states. Publisher attribution: U.S. Bureau of Labor Statistics. Consumer Expenditure Surveys: average annual expenditures on vehicle purchases, all consumer units (CXUVEHPURCHLB0101M). https://download.bls.gov/pub/time.series/cx/cx.data.1.AllData. Retrieved 2026-10-12.},
}
RIS
TY  - DATA
AU  - U.S. Bureau of Labor Statistics
TI  - Consumer Expenditure Surveys: average annual expenditures on vehicle purchases, all consumer units (CXUVEHPURCHLB0101M): Average annual household spending on vehicle purchases, United States, 1984 to 2024
PY  - 2025
DA  - 2025/12/19
PB  - U.S. Bureau of Labor Statistics
DB  - Invokely
UR  - https://download.bls.gov/pub/time.series/cx/cx.data.1.AllData
L2  - https://invokely.ai/en/household-spending-vehicle-purchases/united-states
Y2  - 2026/10/12
N1  - Accessed via Invokely, https://invokely.ai/en/household-spending-vehicle-purchases/united-states.
N1  - Publisher attribution: U.S. Bureau of Labor Statistics. Consumer Expenditure Surveys: average annual expenditures on vehicle purchases, all consumer units (CXUVEHPURCHLB0101M). https://download.bls.gov/pub/time.series/cx/cx.data.1.AllData. Retrieved 2026-10-12.
ER  -
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Questions

What is the average annual household spending on vehicle purchases in United States?

Average annual household spending on vehicle purchases in the United States was $5,337 in 2024, according to the U.S. Bureau of Labor Statistics. That is down 3.6% from 2023.

Where does this figure come from?

U.S. Bureau of Labor Statistics. Consumer Expenditure Surveys: average annual expenditures on vehicle purchases, all consumer units (CXUVEHPURCHLB0101M). Retrieved by Invokely on 2026-10-12.

What was the highest average annual household spending on vehicle purchases in United States?

$5,539 in 2023, the highest value since 1984 in this series.

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