
The rise of fast fashion worldwide has made it easy to snag trendy clothing for just a few bucks. However, Americans still spend hundreds of billions every year on apparel.
In 2023 alone, the average U.S. household spent about $655 on women’s apparel and $406 on men’s clothing. This is roughly $1,061 per year on apparel, according to Consumer Expenditure Survey data from the Bureau of Labor Statistics.