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

  1. Flower Mound, TX
  2. Sunnvale, CA
  3. The Woodlands, TX
  4. Sugar Land, TX
  5. Mountain View, CA
  6. Ellicott City, MD
  7. Naperville, IL
  8. Bellevue, WA
  9. Carmel, IN
  10. League City, TX
Source: WalletHub