31 October 2023
Statistics Jersey has today published the Jersey Household Spending 2021 / 2022 report.
Context
This report presents the expenditure results of the 2021 / 22 Jersey Living Costs and Household Income survey. A survey initially commenced in autumn 2019 but was cut short due to Covid-19; no expenditure analysis was possible from this curtailed survey. A new round of the survey started in October 2021 and ran until November 2022. The timing of the survey should be considered in respect of the impact of events such as the Covid-19 pandemic as well as increases in inflation and mortgage interest rates that started to occur in 2022, particularly when comparing with the previous survey in 2014 /2015.
Summary
- in 2021 / 2022 average total household expenditure in Jersey was £901 per week
- spending was greatest on Housing, fuel and power, at £266 per week, accounting for almost a third (30%) of total household expenditure
- Transport and Food and non-alcoholic drinks were the next highest spending categories (£112 and £101 per week, respectively)
- average total weekly household expenditure ranged from £389 in the lowest of the five quintiles of gross income to £1,799 in the highest
- by tenure, households living in social rental accommodation spent the least (£436 per week) and owner-occupier households with a mortgage spent the most (£1,457 per week)
- by household structure, average household expenditure ranged from £423 per week for single pensioners to £1,365 per week for couple households with at least one dependent child
- after adjusting for inflation, average household spending in 2021 / 2022 was 3% lower than in 2014 /2015
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