The Average Person Will Spend $967 on the Holidays This Year

The Average Person Will Spend $967 on the Holidays This Year

(Photo credit: YanLev / Shutterstock.com)

Hope you’ve been saving your nickels, because winter is coming.

The website WalletHub.com just released the results of a new study on holiday spending for this year.  And they found that the average person will drop $967 on things like gifts, parties, clothes, and food.  That’s up 3.4% from last year. They also calculated how much the average person will spend in the 570 biggest cities in the country, based on things like income, age, and debt.

And the city where people will spend the most is . . . Naperville, Illinois, at an average of $2,381 each. People in Flint, Michigan will spend the least, at $69 per person.

Click here to read the full report from WalletHub.com.

Facebook