COST OF 12 DAYS IF CHRISTMAS GIFTS SPIKES FROM 2012

Dec 02, 2013

By Jane Brown

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Thinking about a gift for that special someone?  The price of lords-a-leaping and ladies dancing has spiked this holiday season, but other items mentioned in The 12 Days of Christmas cost the same as they did last year.

If you were to purchase one set of the gifts mentioned in each verse, you would spend just under $27,393 in stores, 7.7 percent more than last year.  If you buy all 364 items repeated throughout the carol, you’ll pay $114,651 – an increase of just under 6.9 percent.

The Christmas Price Index is updated by PNC Wealth Management on an annual basis.  Spokesman Jim Dunigan says they were surprised to see such a large increase from a year ago, given the overall benign inflation rate in the U.S.

The swans-a-swimming are the most expensive item at $1000 each.  The 8 maids-a-milking are the least expensive gift at $58, because minimum wage has stayed the same.

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