U.S. states, cities where Americans spend the most
"People spend the money that they have, or maybe a little bit more than that," Janet Paskin, managing editor of Bundle, told WalletPop in a phone interview, providing some context to report. Paskin further explained that this concept of "personal inflation" spans income levels and age groups and is evident in the data reported below.
When it comes to spending Connecticut was the highest ranking state with a whopping $25,486 spent on eating out in 2009, or just about a $1,000 more than what the average West Virginia resident spent on all categories.
Top Spending States (Excluding rent and mortgage)
- Connecticut ($57,331)
- District of Columbia ($49,430)
- Hawaii ($46,518)
- California ($42,962)
- Texas ($42,623)
- Arizona ($41,752)
- Illinois ($41,627)
- New York ($40,783)
- Maryland ($40,538)
- Washington ($40,480)
The spending report revealed that while Connecticut was the highest spending state, the top spending city hailed from the state where they like things big, Texas.
Top Spending Cities in the U.S. (Excluding rent and mortgage)
- Austin ($67,076)
- Scottsdale, Ariz. ($64,687)
- San Jose ($59,022)
- Arlington, Va. ($52,085)
- Plano, Texas ($56,738)
- Raleigh, N.C. ($53,398)
- Nashville ($52,964)
- Tucson ($51,857)
- Irvine, Calif. ($51,286)
- Durham, N.C. ($51,114)
The report also identified the cities that spent the least in 2009, two of which are home to many beleaguered autoworkers in the Midwest.
Bottom 5 Lowest Spending Cities in the U.S. (Excluding rent and mortgage)
- Detroit ($16,446)
- Hialeah, Fla. ($19,397)
- Chula Vista, Calif. ($21,424)
- Toledo ($26,962)
- Boise ($28,006)
What one thing do married couples with kids outspend their baby toting counterparts on? As if you had to ask, their four-legged babies. Pets and pet care dollars spent by married couples without kids typically outpaced couples with children, which isn't that surprising.
Another interesting breakdown in the How America Spends report is how much different age groups spend on different categories such as eating out, travel and healthcare. Seniors on average spend 61% more than younger couples, even when adjusted for income. It might not be a surprise to the Takeout generation that 18- to 25-year-olds spent almost 50% more than seniors on dining out.
If you don't see your city on the list or want to know how your age group breaks down further in specific spending segments, even down to what restaurants are most popular, you can use the Everybody's money tool to filter by age, household type, income and location.