Rural areas saw a 9% increase in Monthly Per Capita Expenditure (MPCE) in 2023–24 compared to 2022–23.
The MPCE in urban areas increased by around 8% in 2023–24 compared to 2022–23.
In rural India, the average MPCE has been estimated to be 4,122 rupees, based on the Household Consumption Expenditure Survey 2023-24.
According to estimates, the average MPCE in urban India is 6,996 rupees.
Household Consumption Expenditure Survey 2023-24 has been released by the Ministry of Statistics and Program Implementation.
More than 2.6 lakh households nationwide were surveyed.
According to data, consumption in rural areas is increasing more quickly than in urban areas.
The urban-rural consumption gap is closing significantly.
In MPCE, the urban-rural divide decreased from 84% in 2011–12 to 71% in 2022–2023.
According to the survey, non-food items continue to account for the majority of a household’s typical monthly expenses, accounting for roughly 53% in rural areas and 60% in urban ones.
In both rural and urban households, beverages, refreshments, and processed foods continue to account for the largest portion of food expenditures in 2023–2024.
