With 84% of Americans planning to celebrate the 4th of July this year and collective food spending for the holiday to reach $7.7 billion, the personal-finance website WalletHub has released its report on 2022’s Best & Worst Places for 4th of July Celebrations, as well as interesting stats about the holiday in its 4th of July Facts & Figures infographic
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 21 key metrics ranges from average beer and wine prices to duration of fireworks shows to the Fourth of July weather forecast.
|Best Cities to Celebrate Fourth of July|
|1. San Francisco, CA||11. Miami, FL|
|2. Los Angeles, CA||12. Houston, TX|
|3. Washington, DC||13. Chicago, IL|
|4. Atlanta, GA||14. San Antonio, TX|
|5. Las Vegas, NV||15. Milwaukee, WI|
|6. New York, NY||16. Cincinnati, OH|
|7. San Diego, CA||17. Dallas, TX|
|8. Seattle, WA||18. San Jose, CA|
|9. Orlando, FL||19. Sacramento, CA|
|10. New Orleans, LA||20. St. Louis, MO|
To view the full report and your city’s rank, please visit: https://wallethub.com/edu/
Key 4th of July Facts:
- $7.7 Billion: Amount Americans plan to spend on 4th of July food.
- 150 Million: Number of hot dogs eaten each 4th of July.
- $1.4+ Billion: Amount Americans plan to spend on 4th of July beer and wine.
- $2.4+ Billion: Estimated amount spent on fireworks in 2021 (66% of fireworks injuries occur within a month of July 4).
- $6.9 Million: Value of American flags imported annually.
- 47.9 Million: Number of people who travel 50+ miles from home for the 4th of July.
Survey Key Findings
- Inflation is hurting celebrations. 57% of Americans say that inflation is affecting their 4th of July plans.
- Americans support USA goods. 65% of Americans say they make an effort to buy things made in the USA.
- Financial independence is shaky. Only 56% of Americans feel financially independent this 4th of July.
- Summer spending is down overall. More than half of Americans will spend less money this summer than last year.
- Saving vs. spending. 64% of Americans believe saving money is more patriotic than spending it.
For more survey findings, go HERE