In 2004, the average annual household income was $106,233, a 62 percent increase over the $65,676 reported in 1993.The average Bermuda household spent $1,538 a week on consumer goods and services, a 58 percent nominal increase over 1993 when households spent $973. Because household incomes have grown faster than household spending, Bermuda residents are living better than they did in 1993.The average cost of housing grew by 90 percent between 1993 and 2004 to $512 per week from $269. As a proportion of household incomes, residents now spend one third, or 33.3 percent of their incomes on housing, up from 27.7 percent in 1993.Just over half of the people surveyed owned their own homes ? up from 43 percent in 1993. Tenants in 2004 paidan average of $1,433 per month for housing, up 57 percent over the $911 paid in 1993, but significantly less than the overall increase in housing costs, showing that owner-occupiers took on the bulk of the increase in housing costs: their housing costs nearly doubled.In 2004, the average household spent close to $7,000 a year on health care, a 156 percent increase on 1993. Health insurance accounted for 58 percent of this expenditure. Two-thirds of the households sampled reported ownership of a personal computer in 2004 compared to just 17 percent in 1993. And 57 percent of all households had access to the Internet from home.