Friday, March 26, 2010

2010 Bundle Report: How America Spends

Where does all your money go? Can you live for less in Austin, TX than in Seattle? How much do people your age spend on eating out, travel, or electronics? The 2010 Bundle Report seeks to provide answers to such questions with data from spending across the United States in 2009. (The data, by the way, do not include rent or mortgages.)

Bundle describes itself, it its FAQs, as a small money management company. So, where does it get its data? Here is its answer, also from the FAQS:

With a team of experienced statisticians and data junkies, we’ve compiled, tagged and sorted data from a (still-expanding) collection of sources. Our data comes from the U.S. government, from anonymous and aggregated spending transactions from Citi, and from third party data providers.

According to Bundle, Washington residents spent an average of $40,480 in 2009, placing it 10th among states which spent the most. Our neighbor to the east, Idaho, spent just $28,537, placing it 4th from the bottom of states spending the least. Oh, just in case you thought living here was much more expensive than Austin, the Report shows that Seattleites spent an average of $47,336 last year, while those living in Austin spent $67,076.

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