BUSINESS: Research + Stats More Americans Are Joining the ‘Cashless’ Economy By Staff Wednesday, November 9, 2022 1:51 PM In less than a decade, the share of Americans who go “cashless” in a typical week has increased by double digits. Today, roughly 4-in-10 Americans (41 percent) say none of their purchases in a typical week are paid for using cash, up from 29 percent in 2018 and 24 percent in 2015, according to a new Pew Research Center survey.Conversely, the portion of Americans who say that all or almost all of their purchases are paid for using cash in a typical week has steadily decreased, from 24 percent in 2015 to 18 percent in 2018 to 14 percent today. Still, roughly six-in-ten Americans (59 percent) say that in a typical week, at least some of their purchases are paid for using cash.Americans with lower incomes continue to be more reliant on cash than those who are more affluent. Three-in-ten Americans whose household income falls below $30,000 a year say they use cash for all or almost all of their purchases in a typical week. That share drops to 20 percent among those in households earning $30,000 to $49,999 and 6 percent among those living in households earning $50,000 or more a year. Even so, growing shares of Americans across income groups are relying less on cash than in previous years. This is especially the case among the highest earners: roughly 6-in-10 adults whose annual household income is $100,000 or more (59 percent) say they make none of their typical weekly purchases using cash, up from 43 percent in 2018 and 36 percent in 2015.