Youth Indicators 1996 / Indicator 44, Chart 1
SOURCE: U.S. Department of Labor, Bureau of Labor Statistics, Consumer Expenditure Survey: Integrated Survey, unpublished data.
As might be expected with their lower incomes, urban households headed by young adults under 25 spent less than the average household in almost every category in 1993. Young adults spent a higher proportion of their money on apparel and services, transportation, and education than others. By contrast, they spent a lower percentage of their funds on cash contributions, health care, and insurance and pensions than the average household.
