All OECD countries compile their data according to the 2008 System of National Accounts (SNA 2008). Spending in housing is presented as a percentage of household disposable income. According to the BLS survey, the largest expenditures were housing and transportation, which comprised 26 percent and 13 percent of people’s pay, respectively. Household spending including government transfers is measured as a percentage of GDP. Total household spending is measured in million USD (in current prices and Private consumption PPPs), as a percentage of GDP, and in annual growth rates. Household Budget Change between 19, by Income Source: Consumer Expenditure Survey (1984. "Housing, water, electricity, gas, and other fuels", one out of the twelve categories distinguished, consist of both actual rentals (for tenants) and imputed rentals (for owner-occupied housing), housing maintenance, as well as costs for water, electricity, gas. Housing takes up 41 percent of spending and the next 30 percent of expenditures are about. For a household with a monthly income of 5,000, this would mean spending about 1,750 on housing. Household spending including government transfers (referred to as "actual individual consumption" in national accounts) is equal to households' consumption expenditure plus those expenditures of general government and non-profit institutions serving households (NPISHs) that directly benefit households, such as health care and education. The nonprofit organization American Consumer Credit Counseling recommends spending up to 35 percent of your paycheck on housing costs, including mortgage or rent, utilities, insurance, furniture and maintenance. It is typically around 60% of gross domestic product (GDP) and is therefore an essential variable for economic analysis of demand. Household spending is the amount of final consumption expenditure made by resident households to meet their everyday needs, such as food, clothing, housing (rent), energy, transport, durable goods (notably cars), health costs, leisure, and miscellaneous services.
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