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

brush fire spokane...

Julia Dallas

Man arrested for arson in connection with Spokane Valley brush fire

A 21-year-old man was arrested for arson in connection with a brush fire in Spokane Valley.

10 hours ago

Mount Rainier...

Aaron Granillo

Firefighters make progress on wildfire near Mount Rainier’s Sunrise Visitor Center

Firefighters are gaining ground on a wildfire burning near one of Mount Rainier's most popular destinations, the Sunrise Visitor Center.

12 hours ago

bass canyon seattle drug dies...

Jason Sutich

Seattle man arrested at Bass Canyon after festivalgoer dies from suspected drug poisoning

A 28-year-old Seattle man was arrested at The Gorge Amphitheater on Sunday after a 27-year-old Olympia man died from suspected drug poisoning.

13 hours ago

whatcom black bear hiker...

MyNorthwest Staff

Hiker, dog chased by black bear on trail near Lake Whatcom

A black bear chased a hiker and her dog along a trail north of Lake Whatcom in Whatcom County on Saturday.

13 hours ago

Seattle farmers market pike place...

Jason Sutich

Two Seattle farmers’ markets ranked in top 5 out of 1,500 U.S. markets

Two Seattle farmers' markets were ranked in the top 10 in the country after a Holidu study evaluated more than 1,500 markets across the U.S.

14 hours ago

seattle restaurants...

Julia Dallas

These were the most booked Seattle restaurants in the height of summer

As summer winds down, OpenTable took a look back at the most booked restaurants in July.

15 hours ago

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