NEW MEXICO (KRQE) – A new study identified which communities can afford to splurge this holiday season. According to WalletHub, residents in Flower Mound, Texas are capable of spending more than $3,400.
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The financial website based the results on income, age, monthly expenses, and savings. In New Mexico, Rio Rancho fared the best with residents able to spend nearly $1,000.
That number drops to $857 for Santa Fe residents, 804 in Albuquerque, and 673 in Las Cruces. Miami was the lowest. The study found residents there should spend only $115 this holiday.
Top 10 Cities
- Flower Mound, TX
- Sunnvale, CA
- The Woodlands, TX
- Sugar Land, TX
- Mountain View, CA
- Ellicott City, MD
- Naperville, IL
- Bellevue, WA
- Carmel, IN
- League City, TX
Source: WalletHub
