JERSEY households are spending £359 more than their UK counterparts each week on average, a new report has revealed.
The data, which has recently been published by Statistics Jersey, is the result of an Island-wide survey that takes place every five years.
The most recent study involved around 1,300 randomly selected households and was cut short in March 2020 owing to the Covid-19 outbreak.
However, a new survey started in October 2021, and ran until November 2022.
It shows how rises in housing, transport and food costs have pushed households’ average weekly expenditure to £901 per week, compared to the UK figure of £542.
The biggest difference was for expenditure on housing, fuel and power; with Jersey households spending £98 per week (59%) more, on average, than those in the UK.
Housing, fuel and power accounted for the greatest proportion of spending in both jurisdictions, at almost a third of total expenditure, which in Jersey averaged £266 per week.
Households in the UK spent a greater proportion on transport (14%) compared to Jersey (12%), while Islanders spent a greater proportion of total expenditure on health and education.
Average total household expenditure in Jersey has also risen from a figure of £761 recorded in 2015.
After housing, fuel and power, transport and food and non-alcoholic drinks were the next highest categories at £112 and £101 per week respectively.
By tenure, households living in social rental accommodation spent the least (£436 per week) and owner-occupier households with a mortgage spent the most (£1,457 per week).
Average household expenditure ranged from £423 per week for single pensioners to £1,365 per week for couple households with at least one dependent child.
After adjusting for inflation, average household spending in 2022 was 3% lower than in 2015.
