Brooklyn Named One of America’s Most Frugal Cities

Brooklyn kicks ass in many ways, but now they have one more reason to boast about their awesmeness.  Brooklynites have cut back their spending by 28%, and the city was named as one of five of America’s Most Frugal Cities according to Mint.

The Atlantic points out the other state winners:

San Diego and Miami are both victims of their states’ horrible bout of real estate implosion and credit crisis. Portland, a mecca for young Americans’ crunchy-granola dreams, had the biggest jump in unemployment of any city in the country this summer (although Portland does spend more money than any other city on sporting goods).

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Brooklyn’s eclectic melange of yuppies, free-loaders and artists (among others) has been famously blindsided by the downturn in New York, and Mint says they’ve cut back more — 28 percent — than any other city. And Indianapolis .. well, I can’t really explain Indianapolis. At 8.6 percent city unemployment is below the national average. And real estate is cheaper in Indy that any other major city in America.

So there you have it, New Yorkers.  The other four boroughs should stop and take notice.  We could all benefit from scaling back our spending.  Good job, Brooklyn.

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