We all know that the holidays are not supposed to be about the presents you give and get, but about the more important things in life like peace, love, joy, family and friends. But let’s be a little realistic here, it’s called the holiday shopping season for a reason. Santa delivers a lot of joy to good girls and boys all over the world and it’s usually wrapped up in a big box with a bow.
The National Retail Federation forecasts that this year’s holiday sales are going to be bigger than last year, up 3.9 percent to $602.1 billion for November and December. However, consumers say they plan to purchase two-percent less this year, $737.95 on average per person.
But those holiday shoppers looking for true love, may have to spend a little more than that. According to something called the Christmas Price Index, to buy all the gifts that my true love gave to me in the classic Christmas carol “Twelve Days of Christmas,” it will cost 7.7% more money this year than last year. From One Partridge in a Pear Tree to Ten Lords a-Leaping, that’s a total of $27,393.17.
This year’s biggest price increases are for Nine Ladies Dancing (twerking? probably not) and Ten Lords-a-Leaping. The least expensive item on the list, and the only one to drop in price this year, is the partridge with its very own pear tree for $204.99.
But if you want to buy it all in cyberspace it’s going to cost $12,300 more. Shipping can get pretty expensive on Swimming Swans, Pipers Piping and Drummers Drumming.
The Xmas Index has been around for 30 years, and although it’s a comical take on the cost of Christmas, it’s been pretty accurate when compared to the rate of inflation in the United States. PNC Wealth Management, which puts the index together, says that year-over-year increases have averaged 2.9 percent, the same number as the U.S. inflation index.
Who says you can’t put a price tag true love?
Peace Love Profits & Partridges,