average money spent on video games,Average Money Spent on Video Games: A Detailed Look

Average Money Spent on Video Games: A Detailed Look

Have you ever wondered how much the average person spends on video games? The gaming industry has seen exponential growth over the years, and with it, the amount of money people are willing to shell out for their favorite pastime. In this article, we’ll delve into the various factors that contribute to the average money spent on video games, including demographics, genres, and platforms.

Demographics

When it comes to spending on video games, demographics play a significant role. According to a report by the Entertainment Software Association (ESA), the average gamer in the United States is 34 years old, with a median income of $54,000. However, this doesn’t mean that all gamers have the same spending habits. Let’s take a closer look at some key demographics:

As you can see from the table, younger gamers tend to spend more on video games than their older counterparts. This could be due to the fact that they have more disposable income or simply because they are more passionate about gaming. Regardless of age, it’s clear that there is a significant amount of money being spent on video games across all demographics.

Genres

Another factor that influences the average money spent on video games is the genre. Some genres, such as action and role-playing games (RPGs), tend to be more expensive than others. According to a report by Newzoo, the average revenue per user (ARPU) for action games is $24.50, while RPGs have an ARPU of $22.50. Here’s a breakdown of the average spending on different genres:

It’s worth noting that these figures are just averages and can vary widely depending on the individual. Some gamers may spend significantly more on their favorite genres, while others may stick to budget-friendly options.

Platforms

The platform on which you play your games can also impact your spending. Console gamers tend to spend more than PC gamers, as consoles often come with higher upfront costs and require additional purchases, such as games and accessories. According to a report by Statista, the average annual spending on console games is $1,050, compared to $745 for PC games.

Here’s a breakdown of the average spending on different gaming platforms: