An average American teenager spends 33 to 35 percent, or around $105, of her weekly income or pocket money on fashion and clothing, according to surveys conducted by Coinstar and Teenage Research Unlimited in the 2000s.Know More
The amount of money that teenagers spend on fashion is strictly dependent on their financial standing and employment status. A 2013 Piper Jaffray survey concluded that almost 55 percent of teenage boys and more than 66 percent of teenage girls in the United States prefer shopping at low-budget outlets and stores. Apart from on fashion, teens also spend a significant portion of their weekly allowance on movies, video games and music. According to a 2014 survey, U.S. teenagers spend $157.6 billion on food, apparel, personal items and entertainment yearly.