What price elasticity of demand values or range of values do you see most frequently in the real world?

In the real world, price elasticity of demand values typically range from -0.5 to -4.0. Necessities, such as food and basic utilities, often have inelastic demand (values closer to 0), while luxury items and non-essential goods may have more elastic demand (values greater than 1). Most commonly, values between -1 and -2 are observed, indicating that consumers are somewhat responsive to price changes but still consider the goods important.