Brooklyn, the Frugal City?
According to online finance site Mint.com, residents of Brooklyn cut back on spending in 2009 in the first half of the year more than any other city in the United States. Compared to 2008, the average Brooklynite has spent 28 percent less this year, whereas the national average for spending per person dropped only 13…
According to online finance site Mint.com, residents of Brooklyn cut back on spending in 2009 in the first half of the year more than any other city in the United States. Compared to 2008, the average Brooklynite has spent 28 percent less this year, whereas the national average for spending per person dropped only 13 percent. One caveat: Mint.com collects data from its users; thus the sample pool for the spending data is self-selecting and most likely an inaccurate representation of the U.S. Even with Mint.com’s particular demographic in mind, it’s an interesting observation. Also, if you take a look at the graphic, you’ll see that the greatest decreases in spending for which Mint.com has data were in New York and California—states with cities that rank highest for cost of living in the U.S.
The Most Frugal Cities in America [Mint.com]
“to be 3rd – would need to divide NYC into 5 parts.
Just us alone would not make #3.”
If you were to take Brooklyn’s approximately 2.4 million residents from NYC, the rest of NYC would still be the most populous city in the country, followed by Los Angeles, Chicago and then Brooklyn.
Brooklyn would be the 4th largest, were it a separate entity.
setancre, I didn’t see that. Essentially the whole survey is useless.
Pete, i’d love to, but I’ve got no neighbors that put out recycling. (and then there is the fact that there are too many beer cans to try to add to anyone else’s bags anyway!) J/k
I was interested in seeing how much NYC-area spends on food/beverage/entertainment vs other parts of the country, but they didn’t include it on the chart. I feel like that’s easily my highest discretionary monthly expense. Weird categories… sporting goods?
I no longer can afford to use vowels when posting on Br_wnst_n_r.
That splurge is gonna hurt…
quote:
Open up your checkbooks, folks.
dude the problem is that there’s nothing f’ing in for a lot of people!
*rob*
If you were serious about saving money and still be green- do what I do. Just put my recycles in neighbors recycling bags after they put on curb. (and remove any returnable bottles for redemption).
I’ve increased my dollar store purchases…does that count? 🙂 (why pay $5 for recycling bags when you can get them for a buck???)
Running counter to the trend, I’ve spent more this year than last year, furnishing the new pad, etc. Open up your checkbooks, folks. I can’t prop up the sagging economy by myself!