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Chart of the Day: Percent Spent on Healthcare

Crews Bank & Trust Wealth Management Services Aug 12, 2025
Chart illustrating the US Household spend on various consumer categories from 1929-2024, with healthcare highlighted in purple.

Contents

Today’s Chart of the Day from The New York Times shows the share of US household expenditures in various consumer categories, such as groceries, clothing, housing, and healthcare.

The chart highlights the spend on healthcare in purple, which went from a mere 2% in 1929 to 25% in 2024, and is now greater than the spend on groceries or housing. A trend that is positive, if the funds are spent thoughtfully and allow people to live healthier, longer lives, but troubling if the spending is done inefficiently and fails to deliver meaningful health outcomes.
Chart of the Day

About the Author

Crews Bank & Trust Wealth Management Services
Crews Bank & Trust Wealth Management Services

Experienced professionals from our wealth management services team can help you achieve a bright financial future through investment strategies tailored to you. We’ll show you all of the options available and help you choose the ones best suited to you. We’ll provide high-quality, personal service as we work toward your goals together. Our Portfolio Managers do not receive commissions on trades; our recommendations of investments are based solely on your best interests.

Investments are not a deposit or other obligation of, or guaranteed by, the bank, are not FDIC insured, not insured by any federal government agency, and are subject to investment risks, including possible loss of principal.

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