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HomeDesignInteriors5 Home Renovation Expenditure Trends to learn about 2025

5 Home Renovation Expenditure Trends to learn about 2025



This graph shows a generational breakdown of renewal expenses by the owners of the house in 2024. Dark green bars have represented a uniform overall average expenses between seniors ($ 22,000), baby boomers ($ 20,000) and General Exers ($ 20,000). Millionals were at a low end with an average expense of $ 15,000.

Lighter Green Bar shows that in 90th percentage expenses, General X Renowtellers led the pack, allocated to $ 150,000 for projects. Other groups spent between $ 120,000 and $ 125,000.

Especially for kitchen remodels, the average cost of Millennials increased from $ 15,000 in 2023 to $ 20,000 in 2024. General Xers dropped from $ 25,000 to 2024 from $ 25,000 to $ 22,000 in 2023, while Baby Boomers spent more than $ 24,000 to $ 23,000 in 2024. $ 19,000 to $ 15,000.

Bathroom remodels offer a mixed photo. The average expenditure for seniors from $ 8,500 to $ 8,500 in 2023 increased to $ 15,300 in 2024, while the middle expenditure for Milleniels declined rapidly, from $ 12,000 to $ 7,500. The middle expenditure for General Exers declined from $ 15,000 in 2023 to $ 13,000 in 2024, while Baby Boomers remained stable at $ 15,000 year after year.

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