St. Cloud’s Average Holiday Spending Budget is $767 in 2019
An hour drive from the St. Cloud area you can find the city in America with one of the largest holiday budgets for 2019. Plymouth, Minnesota just came in the #20 spot in Wallethub's study of holiday budgets by city.
The National Retail Federation estimated that spending will be up about 4% from last year, totaling over $772 billion. This study of cities was based on the holiday budget of 570 cities across the United States using metrics like characteristics of the population, income, age, and savings-to-expenses ratios.
Plymouth was the highest on the list of budgets with the #20 spot, with a holiday budget of $2,142 for 2019. Neighboring Maple Grove wasn't far behind them in the #24 spot with a holiday budget of $2,068.
St. Cloud also made it into this study, humbly in the middle of the pack at spot #224. Our holiday budget this year is somewhere around $767. Not too bad!
There were quite a few other Minnesota cities that ranked fairly high on the list. Take a look at them using the interactive map below.
Happy Holidays, and remember it's never worth going into debt to show someone you love them, sometimes the best gift you can give is your presence.