Gas Exceeds Food, Housing, Health Care and Entertainment

June 4, 2007
Gas Exceeds Food, Housing, Health Care and Entertainment

But for those living paycheck to paycheck, rising gasoline prices can mean the difference between being able to pay bills and going into debt.

On average, U.S. households spent 3.6% of their after-tax income on gasoline in 2005, the period of most recent data. That trails expenses for food, housing, health care and entertainment.