With 87% of Americans planning to celebrate the Fourth of July and collective food spending for the holiday set to reach $9.5 billion, the personal-finance website WalletHub has released its report on”¯“2023’s Best and Worst Places for Fourth of July Celebrations,” to go along with statistics about the holiday in its”¯Fourth of July facts and figures”¯infographic and”¯Fourth”¯of July survey.”¯
To determine the best places to celebrate the most star-spangled occasion, WalletHub compared the 100 largest U.S. cities based on how well they balance holiday cost and fun. The data set of 18 key metrics ranges from average beer and wine prices to duration of fireworks shows to the Fourth of July weather forecast.
New York City finished third to West Coast rivals Los Angeles and San Francisco (numbers one and two) with Las Vegas, Seattle, San Diego, Orlando, Dallas, San Antonio and Milwaukee finishing up the top 10 in that order.
The Big Apple actually outshone its competitors in attractions/activities (ranking number two) and safety/accessibility (number three). Where it lost points was in ranking 96th in affordability.
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View the full list here.
Among the key findings of WalletHub”™s survey are:
Inflation is hurting celebrations, with”¯57% of Americans saying that inflation is affecting their Fourth of July plans.
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Financial independence is shaky, as”¯only 63% of Americans feel financially independent this holiday.”¯
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People think credit access is essential, with 61% of Americans saying that access to credit should be a basic American right.
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Americans support domestic goods, with”¯76% of Americans making an effort to buy things made in the U.S.A.
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Many people desire credit card freedom, as 62% of Americans wish they could claim independence from their credit card.
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Charitable giving is patriotic ”“ sort of ”“ as 26% of Americans think donating to charity is the most patriotic financial activity, followed closely by paying taxes (24%) and saving money (16%).
