The Bureau of Labor Statistics of the U.S. Department of Labor is the principal Federal agency responsible for measuring labor market activity, working conditions, and price changes in the economy.
For Release: Friday, October 02, 2020
MID-ATLANTIC INFORMATION OFFICE: Philadelphia, Pa.
(215) 597-3282 BLSInfoPhiladelphia@bls.gov
(215) 861-5600 BLSMediaPhiladelphia@bls.gov
Consumer Expenditures for the Philadelphia Metropolitan Area: 2018-19
Households in the Philadelphia-Camden-Wilmington, PA-NJ-DE-MD, metropolitan area spent an average of
$72,460 per year in 2018–19, the U.S. Bureau of Labor Statistics reported today. Regional Commissioner
Sheila Watkins noted that this figure was significantly higher than the $62,395 average expenditure level for
households in the United States. Philadelphia-area households allocated their dollars similarly to the nation in
seven of the eight major categories, with one differing significantly from its respective U.S. average. The share
of expenditures for housing, which accounted for 35.3 percent of the average household’s budget in the
Philadelphia area, was significantly higher than the national average of 32.7 percent. (See chart 1 and table 1.)
Highlights of the Philadelphia area’s 2018-19 spending patterns:
Housing: This was the largest expenditure component for Philadelphia-area households and averaged $25,569.
Among the 22 metropolitan areas nationwide for which data were available, Philadelphia was the 1 of 11 areas
to have a housing expenditure share that was significantly higher than the national average. Housing
expenditure shares among the 22 published metropolitan areas ranged from 38.0 percent in New York to 30.3
percent in Detroit. (See table 2.)
Transportation: The portion of a Philadelphia-area household’s budget spent on transportation, 15.4 percent,
was not significantly different than the national average of 16.8 percent. Of the $11,136 in annual
transportation expenditures in Philadelphia, 88.5 percent was spent buying and maintaining private vehicles;
this compared to the national average of 92.4 percent. Among the 22 metropolitan areas published nation