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Chart of the Day: Percent Spent on Healthcare

Samuel A. Kiburz, Senior Vice President, Chief Investment Officer 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

Samuel A. Kiburz, Senior Vice President, Chief Investment Officer
Samuel A. Kiburz, Senior Vice President, Chief Investment Officer

Samuel serves as Senior Vice President, Chief Investment Officer for the Crews family of banks. He manages the individual investment holdings of his clients, including individuals, families, foundations, and institutions throughout the State of Florida. Samuel has been involved in banking since 1996 and has more than 20 years experience working in wealth management.

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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