Mapping Maharashtra's Money Moves: Household Expenditure Patterns in Rural and Urban Contexts

Abstract

Household expenditure patterns are vital indicators of socio-economic well-being, shedding light on consumption priorities and the challenges faced by communities. This study investigates the socio-economic determinants influencing household spending on food, health, and leisure (recreation, restaurants, vacations) in rural and urban areas of Amravati, Maharashtra, over the period 2019 to 2021. Using data from the Consumer Pyramid Household Survey (CPHS), the analysis employs ANOVA and correlation techniques to identify significant predictors, including income, household size, age, education, gender, and occupation.

Key findings reveal that income and household size consistently drive expenditure across all categories and regions. Urban households demonstrated a widening range of influential factors by 2021, with education, gender, and occupation becoming significant contributors, especially in food and leisure spending. Conversely, rural expenditure remained predominantly income-driven, with limited diversification in determinants. These trends reflect the socio-economic evolution within urban settings, contrasted by the slower-changing rural patterns.

The study highlights the critical role of targeted policy interventions in addressing rural-urban disparities. Insights derived from the findings offer a roadmap for fostering equitable growth by tailoring economic strategies to the unique needs of rural and urban households. By understanding the interplay between socio-economic factors and expenditure patterns, this research provides a framework for designing data-driven, region-specific policies aimed at enhancing household welfare.