Did You Know That Average American Will Spend $169.81 on Halloween in 2017?

Disclosure / Disclaimer: I received this post free of charge,from lendEDU for blog posting purposes on this blog. No other compensation, monetary or in kind, has been received or implied for this post. Nor was I told how to post about it, all opinions are my own.

With Halloween just less than 2 weeks away, LendEDU sought to apply a price-tag to the holiday characterized by candy, costumes, and scary decorations.

To do this, they asked 1,000 Americans, ages 18 and up, that were planning on celebrating Halloween in 2017, the following question: "How much do you expect to spend celebrating Halloween this year?"

Courtesy of Pixabay

After averaging together all 1,000 responses, they found that in 2017, the average American is expecting to spend $169.81 on Halloween!

It turns out that all of the fun brought on by Halloween comes at a price that may scare away a few people before the haunted houses even have a chance to.

$169.81 for a few hours of spirited and spooky celebrations is nothing to sneeze at.

So, what is making the cost of Halloween so unexpectedly high?

After respondents entered in their total estimated expenditures, they then asked them to estimate how it will be proportioned between three standard Halloween expenses: candy, costumes, and decorations. And the results are shown above.

Costumes account for the most costly expense when it comes to Halloween. According to our data, costumes make up 41.7 percent of Halloween expenditures. When converted to dollars, this equates to $70.81.

Depending on your levels of enthusiasm and spirit, costumes can become incredibly expensive. The more authentic the costume, the better the costume, and chances are a costume only becomes more costly as it becomes more impressive. (hello, we have Mardi Gras, we can get twice the use out of OUR costumes!)

Courtesy of Pixabay

The second largest expense when it came to Halloween was candy, which accounted for 36.1 percent of the total money spent on the October holiday, or $61.30.

Candy is to Halloween what presents are to Christmas; sweets make the spooky festivities what they are and excite all the young trick-or-treaters more so than anything else.No one wants to be that one house in the neighborhood that is known for not giving out candy on Halloween, so everybody reaches into their pocket to buy some to handout to eager trick-or-treaters.

Just don't be the house that leaves an unsupervised candy bowl on the front steps, because your costly candy will disappear quicker than a ghost, and you will be left having to go out again to spend more cash on candy!

Courtesy of Pixabay

Finally, the last and least prevalent of all three Halloween expenses was decorations, which accounted for 22.2 percent of the $169.81 projected to be spent on Halloween this year. Apparently they haven't been to MY house, I think we spent more on decor this year, LOL.

22.2 percent would mean Americans spend $37.70 on decorations. Whereas most American's participate in handing out candy, and many have an active role in costume planning because of their kids, decorations are generally not as prevalent. There are still folks out there who truly embrace the festivities (hands up!) and transform their dwellings into haunted houses straight out of Transylvania (eh, not quite, but the idea is still brooding...), but for the most part, decorations seem to be the least of the Halloween-induced priorities(obviously they poled Northerners, we Southerns take Halloween seriously, just sayin').