Less booze, more healthcare: How the spending habits of today's millennials compare to boomers 30 years ago
Leonello Calvetti/Science Photo Library/Getty, Jamie Grill/Getty, 4Zevar/Getty, Lalocracio/Getty, Kontur-vid/Getty, Yevgen Romanenko/Getty, Yogi Studio/Getty, Abanti Chowdhury/BI Business Insider looked at how young adults aged 25 to 34 spent their money in 1989 compared to 2022. The findings show us how prices and habits changed since boomers were young adults. Young adults today are spending less on alcohol and paying less mortgage interest. In 1989, you could see "Batman" and "When Harry Met Sally" in the movie theater. People wore brightly colored fashion and bought Nintendo Game Boy consoles. In 2022, many people were still working from home amid the pandemic's disruptions to the workplace. They were wearing a lot of athleisure, and perhaps venturing back to movie theaters — this time to see "The Batman." In the intervening 33 years, how young adults spent their money changed dramatically. Business Insider analyzed spending data for
