Big Spenders
The saying “everything’s bigger in Texas,” apparently also applies to spending. Two cities from the Lone Star state figured into the list of U.S.cities where residents spend the most money a year on food, shopping, travel, transportation, health and home expenses, according to a new report from money comparison site Bundle.com.
Bundle.com, which is backed by Citigroup, Microsoft and Morningstar, compiled the list using spending data from Citi and the U.S. government in 2009. All spending data is the average overall household expenses for residents in each city and excludes mortgage and rent payments. Click on to see if your city ranks in the top 10.
Source: Bundle.com
Posted: March 24, 2010
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10. Durham, N.C.
Total spending: $51,114
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9. Irvine, Calif.
Total spending: $51,286
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8. Tucson, Ariz.
Total spending: $51,857
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7. Nashville, Tenn.
Total spending: $52,964
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6. Raleigh, N.C.
Total spending: $53,398
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5. Plano, Texas
Total spending: $56,738
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4. Arlington, Va.
Total spending: $52,085
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3. San Jose, Calif.
Total spending: $59,022
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2. Scottsdale, Ariz.
Total spending: $64,687
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1. Austin, Texas
Total spending: $67,076
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Where Are The Larger Cities?
Big cities like New York and Los Angeles came in far lower on the list, mainly because of their large population and diversity. New York City, for example, came in at No. 53 with an average of $37,435 spent in 2009. However, if Manhattan, the priciest borough in the city, were counted as its own city it would have been No. 3 on the list with average spending of $59,602, according to Bundle.com. Los Angeles came in at No. 42 with $39,422 spent in 2009.
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