Austin Top Spending in US

Austin Top Spending in US

Austin is the top spending city in the US, with its residents shelling out $67,076 in household spending. That's according to a report issued by Bundle, a site that tracks the spending and savings patterns of users.

Austin is the top spending city in the US, with its residents shelling out $67,076 in household spending. That's according to a report issued by Bundle, a site that tracks the spending and savings patterns of users. The data excluded money spent on mortgages and rent which helps explain why some expected cities aren't appearing higher in the list. Cities with lower mortgage or rent payments free up more cash for spending on electronics, furniture, eating out, travel, and more.

More diverse cities like New York and Los Angeles also have lower averages because of extremes in spending. If Manhattan were broken off from the rest of New York for example, if would be #3 on the list.

The top 20 list includes:

1. Austin ($67,076)

2. Scottsdale, Ariz. ($64,687)

3. San Jose, Calif. ($59,022)

4. Arlington, Va. ($52,085)

5. Plano, Texas ($56,738)

6. Raleigh, N.C. ($53,398)

7. Nashville ($52,964)

8. Tucson ($51,857)

9. Irvine, Calif. ($51,286)

10. Durham, N.C. ($51,114)

11. Washington, D.C. ($49,431)

12. Dallas ($47,920)

13. Seattle ($47,336)

14. Reno ($47,273)

15. Corpus Christi, Texas ($46,311)

16. San Antonio ($46,122)

17. Honolulu ($46,087)

18. Oklahoma City ($45,449)

19. San Francisco ($45,291)

20. Madison, Wis. ($45,275)

The lowest spending cities are:

1. Detroit ($16,446)

2. Hialeah, Fla. ($19,397)

3. Chula Vista, Calif. ($21,424)

4. Toledo ($26,962)

5. Boise ($28,006)

Obviously, low house values aren't enough to help spending on some areas.

Sol Nasisi
Sol Nasisi: Sol Nasisi is the co-founder and a past president of BestCashCow, an online resource for comprehensive bank rate information. In this capacity, he closely followed rate trends for all savings-related and loan products and the impact of rate fluctuations on the economy. He specifically focused on how rates impact consumers' ability to borrow and save. He also has authored a wee

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