MYNORTHWEST NEWS

Seattle is the worst city in the country for holiday shopping, says Bankrate study

Nov 16, 2023, 8:53 AM

(Photo from KIRO 7)...

(Photo from KIRO 7)

(Photo from KIRO 7)

Can you believe it? Seattle has the worst holiday shopping in the country.

A study by Bankrate looked at affordability, purchasing power, and accessibility to shopping across the country.



And we’re hurting especially with affordability. One reason is Seattle’s 10.25% sales tax.

“So, the average American plans to spend $875 on holiday items and gifts this year. But if you try to translate that number to Seattle, you actually see that locals in Seattle have to spend over $1,000 to buy the equivalent of $875,” said Bankrate Analyst Alex Gailey.

And as we’ve seen retailers leave the area, the survey picks up on the trend, ranking Seattle low in access to shopping.

“Seattle doesn’t have as many retail stores in relation to the population. It has significantly less than Detroit, which came number one on our list,” said Gailey.

Mark Johnson from the Washington State Retail Association blames dwindling access to crime.

“To me, that is the dire last-ditch effort for a retailer when they have to make this very difficult decision to shut their doors because they cannot provide safe shopping or a safe, safe place of employment,” said Johnson.

The survey rated Seattle’s purchasing power as high, with a median annual income of $83k. However, having more money means nothing if prices are high. So how can shoppers find a better experience?

Bankrate said make sure you have a plan on how much to spend on each individual recipient and set limits around each person, including yourself.

Here’s a tip, if you have a smartphone, use it to price match. Target, Amazon, and Walmart are typically willing to price match but don’t be afraid to try other stores too.



MyNorthwest News

Sanctuary 1...

Julia Dallas

Booty studio, Botox, halotherapy, saline pools, and a place to work? Inside Seattle’s $8M Sanctuary

Glen Swain's $8 million Sanctuary will be a private performance, recovery, and social club.

23 minutes ago

seattle earthquake port orchard...

Jason Sutich

4.2 magnitude earthquake hits near Port Orchard, felt from Issaquah to Olympia

A 4.2 magnitude earthquake hit near Wauna, Washington, Tuesday afternoon, with residents spanning from Issaquah to Olympia reporting that they felt the tremor.

2 hours ago

kitsap county sheriff doordash...

MyNorthwest Staff

Couple sentenced in stabbing, carjacking of DoorDash driver who offered their family a ride near Sequim

A couple accused of stabbing and carjacking DoorDash driver Melvin Swagerty after he stopped to help their family near Sequim last year are headed to prison.

3 hours ago

oregon wedding elk...

MyNorthwest Staff

VIDEO: Oregon wedding gets unexpected antlered guest

A wedding at Cannon Beach in Oregon was crashed by an unexpected guest.

4 hours ago

Bremerton SWAT dead...

Jason Sutich

Barricaded man fires several rounds at SWAT team, later found dead inside home near Bremerton

An armed man barricaded himself inside a home in unincorporated Bremerton on Monday and died from what appeared to be a self-inflicted gunshot wound.

4 hours ago

bee colony decline economic...

KIRO 7 News Staff and Dru Miller, KIRO 7 Photographer

Experts warn of bee colony decline, economic impacts

Experts said the number of bee colony deaths in the U.S. is about 20% lower than last year; however, each year poses new challenges for beekeepers.

6 hours ago

Seattle is the worst city in the country for holiday shopping, says Bankrate study