Federal Reserve Economic Data

Table Data - Expenditures: Total Average Annual Expenditures by Highest Education: College Graduate: Master's, Professional, Doctoral Degree

Title Expenditures: Total Average Annual Expenditures by Highest Education: College Graduate: Master's, Professional, Doctoral Degree
Series ID CXUTOTALEXPLB1409M
Source U.S. Bureau of Labor Statistics
Release Consumer Expenditure Surveys
Seasonal Adjustment Not Seasonally Adjusted
Frequency Annual
Units U.S. Dollars
Date Range 2012-01-01 to 2023-01-01
Last Updated 2024-09-25 11:43 AM CDT
Notes Highest education refers to the highest education level of any member in the consumer unit.

A consumer unit comprises either: (1) all members of a particular household who are related by blood, marriage, adoption, or other legal arrangements; (2) a person living alone or sharing a household with others or living as a roomer in a private home or lodging house or in permanent living quarters in a hotel or motel, but who is financially independent; or (3) two or more persons living together who use their income to make joint expenditure decisions. Financial independence is determined by the three major expense categories: Housing, food, and other living expenses. To be considered financially independent, at least two of the three major expense categories have to be provided entirely, or in part, by the respondent.

For more details about the data or the survey, visit the FAQs.
DATE VALUE
2012-01-01 82606
2013-01-01 81645
2014-01-01 85434
2015-01-01 87927
2016-01-01 93509
2017-01-01 95846
2018-01-01 95446
2019-01-01 97588
2020-01-01 90604
2021-01-01 101015
2022-01-01 109691
2023-01-01 117304

Subscribe to the FRED newsletter


Follow us

Back to Top