The 2010 Bundle Report: The 25 top-spending cities in the U.S. (plus: the bottom five)
To the list of things that are bigger in Texas, please add: Spenders. According to Bundle's first "How America Spends" report, the top-spending Americans lived in Austin in 2009. Households in the Texas capital averaged $67,076 in overall household expenses (excluding mortgage and rent, which are not included in Bundle's breakdown). Austin's annual spending is 77 percent higher than the national average of $37,782. Households in Scottsdale, Arizona, ranked No. 2, spending $64,687 on average for 2009.
So where's New York City? The five boroughs came in No. 53, with $37,435 in spending for 2009, just below the U.S. average. But if Manhattan were its own city — and some people do think it is — the richest of the boroughs would land at No. 3 on Bundle's list, with annual per-household spending at $59,602.
Bundle's data excludes spending on mortgage and rent, which explains why New York City doesn't top the list, and why the top 25 includes relatively affluent towns with low housing costs. (Ditto for Los Angeles, with its sprawling geography and socioeconomic diversity. That city is No. 42 with $39,422 spent in '09, 4.3 percent higher than the national average.)
More importantly, the data reveals how spending persists, across circumstances. A lower cost of housing often means that people spend more on food, restaurants and travel. It's why residents of Fresno, Calif., spend more on shopping, gas and auto expenses than their northern neighbors in San Francisco. In other words, you can move to a cheaper city, but you won't necessarily spend less.
The Bundle Report's city rankings measured the household averages of top 100 cities by population, according to U.S. Census data.
Here's a complete list of the top (and bottom) cities:
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)
21. Henderson, Nev. ($45,220)
22. Wichita, Kan. ($44,810)
23. St. Paul, Minn. ($44,579)
24. Chandler, Ariz. ($44,470)
25. Lubbock, Texas ($44,122)
42. Los Angeles ($39,422)
53. New York City ($37,435)
Five lowest-spending cities:
1. Detroit ($16,446)
2. Hialeah, Fla. ($19,397)
3. Chula Vista, Calif. ($21,424)
4. Toledo ($26,962)
5. Boise ($28,006)
Bundle methodology: How we compile our data
Are you spending more or less than other people in your city? For a more detailed breakdown, visit Everybody's Money.
About the artist: Raised in Denver, Colo., Stefanie Posavec now lives in London, where she designs book covers by day and creates data visualizations by night. In future projects, she plans to explore the future of the book and its shift from print to screen. Find her work at itsbeenreal.co.uk.
Related Links:
Bundle Report: See the surprising numbers on how Americans spent last year
All 50 States: Get rankings of the biggest spenders around the country
Married vs. Single vs. Parents: Which household spent the most?
Comments (0)
Log in with Facebook to post a comment