2023’s Best & Worst Places to Celebrate 4th of July

62% of Americans Plan to Spend Less Money This Year – WalletHub Reports

With 87% of Americans planning to celebrate the 4^th of July this year and collective food spending for the holiday to reach $9.5 billion, the personal-finance website WalletHub today released its report on 2023's Best & Worst Places for 4th of July Celebrations, to go along with interesting stats about the holiday in its 4th of July Facts & Figures infographic and 4^th 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.

Celebrating Fourth of July in Chicago (1=Best; 50=Avg.):

• 8^th – Avg. Beer & Wine Prices
• 5^th – Walkability
• 99^th – Legality of Fireworks
• 82^nd – Lowest Price of Three-Star Hotel Room
• 2^nd – Fourth of July Popularity
• 62^nd – Traffic Congestion
• 76^th – Average Hamburger Cost
• 1^st – Prevalence of Affordable 4.5+ Star Restaurants
• 70^th – Duration of Fireworks Show

For the full report, please visit: https://wallethub.com/edu/best-4th-of-july-celebrations/4651

4th of July Facts & Figures

• $9.5 Billion: Amount Americans plan to spend on 4^th of July food. 
• 150 Million: Number of hot dogs eaten each 4^th of July. 
• $3 Billion: Amount Americans plan to spend on 4^th of July beer and wine. 
• $2.7 Billion: Estimated amount spent on fireworks in 2022 (74% of fireworks injuries occur within a month of July 4). 
• $6.5+ Million: Value of American flags imported annually. 
• 50.7 Million: Number of people who travel 50+ miles from home for the 4^th of July (up 4% over 2022 and setting a new record for the holiday).

To view the full infographic, please visit: https://wallethub.com/blog/4th-of-july-facts/22075

Survey Key Findings

• Inflation is hurting celebrations. 57% of Americans say that inflation is affecting their 4^th of July plans. 
• Financial independence is shaky. 63% of Americans feel financially independent this 4^th of July.  
• People think credit access is essential. 61% of Americans say that access to credit should be a basic American right. 
• Americans support USA goods. 76% of Americans make an effort to buy things made in the USA. 
• Many people desire credit card freedom. 62% of Americans wish they could claim independence from their credit card. 
• Charitable giving is patriotic. 26% of Americans think donating to charity is the most patriotic financial activity, closely followed by paying taxes (24%) and saving money (16%).

For the complete survey results, visit:https://wallethub.com/blog/4th-of-july-survey/75815