With Valentine’s Day just around the corner and America’s sweethearts planning to spend $27.4 billion on the occasion, the personal-finance website WalletHub today released its report on 2020’s Best Places for Valentine’s Day along with its nationally representative 2020 Valentine’s day Spending Survey.
To determine the most romantic yet affordable cities for celebrating the Day of Hearts, WalletHub compared 100 of the largest U.S. cities across 26 key metrics, ranging from florists per capita to forecasted precipitation to cost of a three-course meal for two.
|Top 20 Places for Valentine’s Day 2020|
|1. San Francisco, CA||11. Los Angeles, CA|
|2. New York, NY||12. Washington, DC|
|3. San Diego, CA||13. Atlanta, GA|
|4. Honolulu, HI||14. Denver, CO|
|5. Las Vegas, NV||15. San Jose, CA|
|6. Seattle, WA||16. Virginia Beach, VA|
|7. Orlando, FL||17. Austin, TX|
|8. Portland, OR||18. Boston, MA|
|9. Scottsdale, AZ||19. Tampa, FL|
|10. Chicago, IL||20. Gilbert, AZ|
Valentine’s Day Spending Survey – Key Stats
- More Men Say V-Day Debt is Worth it: Men are nearly three times more likely than women to think a Valentine’s Day gift is worth going into credit card debt.
- Reckless Spending Ends Relationships: 46% of people would break up with their significant other if he or she spent irresponsibly.
- Financial Irresponsibility Isn’t Attractive: 4 in 10 people say irresponsible spending is a bigger turnoff than bad breath, and 51% of people say they would not marry someone with bad credit.
Valentine’s Day Fun Facts
- $27.4 Billion: Total Valentine’s Day spending projected for 2020 ($196.31 per person celebrating).
- $291 vs. $106: Men will spend nearly three times as much as women, on average, for Valentine’s Day 2020.
- $10.5 Billion: Amount Americans will spend on jewelry ($5.8B), flowers ($2.3B) and candy ($2.4B).
9 Million: Number of marriage proposals made each Valentine’s Day.