Household Expenditure Survey Report Released
The Department of Statistics released the 2013 Household Expenditure Survey Report today [Jan 24]. The Household Expenditure Survey was undertaken from May to September 2013; the last survey was conducted in 2004.
This Report provides findings on the levels and patterns of household expenditure for a comprehensive range of goods and services for Bermuda’s households.
Such items of expenditure include food, beverages, appliances, furniture, motor vehicles, electricity and health care. The Household Expenditure Survey also collects data on income levels, sources of income and household characteristics.
A spokesperson said, “Data from the Household Expenditure Survey can help to determine how expenditure levels and patterns vary according to income levels and other characteristics of households, such as size, composition, location and principal sources of income.
“The Household Expenditure Survey also provides data that assists in measuring the economic well-being of the population. Furthermore, the Report provides information on the use of economic resources by individuals and households”.
Highlights of the 2013 Household Expenditure Survey:
- Average weekly household expenditure increased by 18% from the 2004 expenditure level reaching $1,807 in 2013.
- Expenditure on household utilities reached $95 per week.
- The average household spent roughly $10,300 a year on health care.
- 88% of households owned at least one cellular phone; up from 73% in 2004.
- The average size of households slipped to 2.21 persons in 2013, down from 2.33 in 2004.
- The average number of workers per household stood at 1.21 persons.
- Average weekly household income reached $2,767 compared to $2,043 in 2004.
- Average annual household income reached $143,882, above the $106,233 measured in 2004.
The 2013 Household Expenditure Survey Report [PDF] follows below:
sh#!…i’d b alright if i was hittin’ those numbers
The last time this was done was 2004?????
Really???? Don’t other countries do these on a quarterly basis?
O_o…. These figures make me feel so poor. Smh n lol. $1800/ week, wow.
Wow! That page 27 was a particularly interesting read. What a shocker!!!
Any idea of official government figures on declared local income (from tax authorities) per capita and proportionally. It does seem like there is a massive disproportionate spread of income.
They can say all the fancy stuff that they want -
Bills are got to be paid and unfortunately the price for just about every thing has gone up and still is going up.
These numbers seem off… Over $2700 per 1.21 ppl?? They must’ve done this poll in the executive offices if all the big companies in town.
This survey makes no sense at all. Is this just Bermudians? If so, there is no way we all make 2k a week average. The government has a lot to answer for putting out this kind of information. They missed out an entire segments of the population, and seem to have only interviewed the wealthy.
that’s the thing.
the few here, that make, way, above these numbers,
have been averaged out, with the many, that will never see the amounts outlined in this study. more than likely, not even earning half of this amount per 1.21 ppl
i believe. not too many of us are achieving. this ‘standard’ rate of pay…
but the cost of living reflects these numbers, creating a very low standard of life, for those who make less.
it ain’t pretty
notice that none of the fat cats are concerned with this issue.
to busy counting their profits?