Transportation Cost Burden Falls Significantly for Second-Lowest, but No Other, Income Group
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2024-12-06
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Abstract:In 2023, U.S. households paid on average $13,174 for transportation, making it the second-largest per annum household expenditure after housing. As in previous years, households in the lowest income group spent the least on transportation in 2023 ($4,917), although they spent proportionately more of their before-tax income (32%) on transportation compared to higher income groups.
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