Christmas Price Index!
How much would it cost to buy all of the gifts in the 12 Days of Christmas song? PNC bank has calculated the trend each year since 1986. This price index is a fun way to measure the consumer spending and trends in the economy each year. Find out why their prices increase or decrease each year! The CPI comes out each year in mid- November, so this number is for 2017.
If you were to buy all of the 12 Days of Christmas Gifts for your loved ones, you'd shell out $34,558.65, or (+0.6%) from last 2016. The .6% increase was due to cost increases for the Pear Tree, the increased demand for Golden Rings and wage increases for the Lords-a-Leaping.
Here's the entire list together with the percentage changes from 2016:
1 Partridge in a Pear Tree: $219.95 (+4.7%)
2 Turtle Doves: $375.00 (no change)
3 French Hens: $181.50 (no change)
4 Calling Birds: $599.96 (no change)
5 Gold Rings: $825.00 (+10.0%)
6 Geese-a-Laying: $360.00 (no change)
7 Swans-a-Swimming: $13,125.00 (no change)
8 Maids-a-Milking: $58.00 (no change)
9 Ladies Dancing: $7,552.84 (no change)
10 Lords-a-Leaping: $5,618.90 (+2.0%)
11 Pipers Piping: $2,708.40 (no change)
12 Drummers Drumming: $2,934.10 (no change)
Come back in a few weeks to find out 2018's Christmas price index!