The airfare share of household income fell to less than a third of its pre-COVID level at the trough, then rebounded above it.
What this shows: The chart plots Airline, Vehicle and Gasoline on a vertical axis of Share of income (%).
COVID cut the airfare share of household budgets by 69%; car spending barely moved
US
COVID cut the airfare share of household budgets by 69%; car spending barely moved
Shares of household income spent on airfares, vehicles and gasoline, by period
Data through 2023
View data table
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