…end isn’t restricted to the US. The UK’s Office for National Statistics data shows the same result. In 2018, families headed by 30–49 year-olds spent £666.30 per week. The equivalent spending for households headed by 75-year olds, and above, was approximately half, at £336.10 per week.
U-Ming -- this is very interesting. Do you have any idea if this includes children? If so, it could explain a lot.