We’re starting 2019 with a check-in on young consumers’ spending power, and how what they’re spending on has
shifted in the last year. Although their top monthly spending categories are focused on the practical (food, household supplies, auto maintenance, and clothes), compared to 2017, 18-36-year-olds are spending more on travel, medicine, and personal care/beauty services—most likely due to the rising importance of self-care. Meanwhile, spending on dining out saw a decrease, perhaps showing their rising preference for staying in (and cooking).
Download the full report for insights on:
- How many have full-time jobs
- Their average monthly expenditures
- What young people are spending their paychecks on
- How they’re paying
- Where teens are getting their spending money from
Report length: 4 pages
Based on a survey of 1000 13-36-year-olds in the U.S. fielded November 2018
