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Households spent an average of $5,931 a month on goods and services in 2023, an increase of 2.8 % per annum from $5,163 in 2017/18. Household income growth outpaced expenditure growth between 2017/18 and 2023.

Per Household
Per Member

In 2023, housing and related**, food and transport accounted for the largest shares of monthly household expenditure. Collectively, they contributed to 63.2 % of monthly household expenditure, slightly lower than the 64.0 % recorded in 2017/18. Changes in household expenditure patterns reflected shifts in households’ lifestyle preferences.

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footnotes

  • Expenditure excludes imputed rental of owner-occupied accommodation. As it is neither a cash outlay nor income, imputed rent is included only when analysing the detailed share of household expenditure by goods and services.
  • Expenditure includes imputed rental of owner-occupied accommodation.
  • Others include expenditure on miscellaneous goods and services, including personal care services such as hairdressing and social services, expenditure on insurance and financial services, and expenditure on alcoholic beverages and tobacco.