Banana Shire

Household expenditure

In 2022/23, household expenditure on utilities was $3,657 in Banana Shire, higher compared to Regional QLD.

Household Expenditure is modelled based on a set of expenditure items collected every 5 years in the ABS Household Expenditure Survey. Household Expenditure is a useful measure of the economic resources available to households in the area and where their income is spent. Areas with good public transport infrastructure and access to jobs may spend less on transport and more on discretionary spending such as entertainment. More disadvantaged areas may spend a higher proportion of their income on food and transport. An examination of the distribution of household spending per household may provide insights into the socio-economic status of the area.

Data source

National Economics (NIEIR) - Modelled series

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Household expenditure
Banana Shire2022/232008/09Change
Household expenditure (totals)$ per household% of expenditureRegional QLDRegional QLD$$ per household% of expenditureRegional QLDRegional QLD$2008/09 - 2022/23
Food$15,46911.3%$11,68210.5%$13,66811.0%$10,55410.2%+1,801
Alcoholic Beverages & Tobacco$5,2503.8%$3,9633.5%$10,7288.6%$8,2668.0%-5,478
Clothing & Footwear$5,7044.2%$4,3013.8%$3,6252.9%$2,7922.7%+2,080
Furnishings & equipment $7,5695.5%$5,7195.1%$6,5695.3%$5,0694.9%+1,000
Health$11,1558.1%$8,6947.8%$7,5856.1%$6,1355.9%+3,570
Transport$14,67310.7%$10,4229.3%$14,95112.0%$10,51910.2%-278
Communications$3,0552.2%$2,3192.1%$1,5941.3%$1,2451.2%+1,461
Recreation & Culture$16,24311.8%$12,31111.0%$13,26110.6%$10,34710.0%+2,982
Education $4,4283.2%$3,2392.9%$3,7573.0%$2,7812.7%+671
Hotels, Cafes & Restaurants $14,05010.2%$8,9758.0%$9,5597.7%$7,5177.3%+4,491
Miscellaneous Goods & Services $20,82415.2%$15,99214.3%$19,29215.5%$15,30514.8%+1,532
Housing$15,32611.2%$21,38619.1%$15,32312.3%$19,23318.6%+2
Utilities$3,6572.7%$2,7642.5%$4,6723.8%$3,6193.5%-1,015
Total Expenditure$137,403100.0%$111,768100.0%$124,585100.0%$103,383100.0%+12,818
Net Savings$28,40117.1%$21,37916.1%$25,10116.8%$17,85614.7%+3,300
Total Disposable Income$165,8040%$133,1460%$149,6860%$121,2390%+16,118

Source: National Institute of Economic and Industry Research (NIEIR) ©2024. ©2023. Compiled and presented in economy.id by .id (informed decisions). Data are based on a 2020/21 price base for all years. NIEIR-ID data are inflation adjusted each year to allow direct comparison, and annual data releases adjust previous years’ figures to a new base year. Learn more

Please refer to specific data notes for more information
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Banana Shire

economic profile