The NPR chart examines how money is spent in different income brackets. The study provides interesting spending behavior, and highlights the differences and similarities between the poor, the middle class and the rich within the United States of America.
According to the data presented, those with higher incomes are more likely to eat out, spend on entertainment and save money for retirement. On the opposite side of the spectrum, the poor are most likely to prepare meals at home. A huge portion of income is put towards housing, transportation and gasoline, and the same is true of the middle class. The most evident commonality among the three divisions is the amount spent on shoes and clothing.
Household Spending Graphics
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