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9 Spooky Halloween Statistics [Go Figure]

October 19, 2017 By The Money Wizard 7 Comments

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my money wizard go figure

candy sales halloween stats

$9.1 Billion How much Americans will spend on Halloween in 2017, as estimated by the National Retail Federation.

$86.10 Amount spent by each consumer, up from $82.93 since last year.

1/3 Portion of Halloween spending devoted to costumes.

$25 The average consumer’s Halloween candy spending.

18% Of US consumers who said Candy Corn was their least favorite candy, barely eeking out bubble gum with 17% of the vote – officially making Candy Corn the world’s worst Halloween candy. I’ve been saying it for years!

$25 The average amount spent on Halloween decorations.

72% Of families who plan on celebrating Halloween this year, which makes me feel bad for the 28% of kids whose parents need to chill out.

16% Who plan on dressing up their pets. And since I know you’re curious, the most popular pet costume in 2017? A pumpkin, of course.

100% Increase in spending for pet costumes since 2010. Guilty…

how much do americans spend on halloween every year

Sources: 1 2 3

Figuring Out Halloween Statistics about Spending

As far as holidays go, Halloweens spending is dwarfed by its nearby holiday brothers. I’m looking at you, Christmas and Black Friday. And yes, Black Friday is now considered a holiday. Somehow…

But that doesn’t mean Halloween isn’t without its fair share of commercialization. 30% of annual retail sales take place between Black Friday and Christmas, and Halloween serves as a nice little test run for how loose consumers are feeling with their cash.

As stores start inching the price of candy higher, retailers watch with eager anticipation as we head into prime time buying season. This year, retailers are already estimating a 8.3% increase in Halloween spending over last year. That’s a lot of candy!

That said, I really did expect the total number to be higher. Score one for the paper-thin $24.99 Halloween costumes everywhere.

Maybe what’s most interesting about Halloween is that although spending can grow in a hurry, it’s also one of the holidays most open to cost cutting. Scary movie marathons don’t exactly break the bank, and DIY is practically embedded into the holiday itself.

Home made costumes and decorations can save a fortune. For those who don’t want to bother with the scissors or creativity, hit those day-after Halloween sales!

The day after Halloween, Target routinely slashes all their costume prices by 50%. I’ve even seen costumes and decorations for up to 90% off, as retailers get desperate to liquidate. And let’s not forget the deals on candy…

So have fun on Halloween this year. Try to save where you can, but don’t forget, the best time to go Halloween shopping, is after it’s already happened.

Readers, any suggestions for a frugal Halloween?


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Filed Under: Go Figure

Reader Interactions

Comments

  1. Handy Millennial says

    October 19, 2017 at 2:49 pm

    You forgot a big one – $XX spent on filling cavities caused by eating all this candy 🙂

    Reply
    • The Money Wizard says

      October 19, 2017 at 8:21 pm

      haha, true!

      Reply
  2. Ryan says

    October 19, 2017 at 4:43 pm

    One of my favorite places to go shopping for Halloween costume accessories (and maybe an entire costume if you’re creative!) is the dollar store. You can save a ton on props you’re likely to break or toss out anyways.

    Reply
    • The Money Wizard says

      October 19, 2017 at 8:24 pm

      I’ve seen great deals at the dollar store for party supplies, but I never thought about Halloween too. Good call!

      Reply
  3. Budget on a Stick says

    October 20, 2017 at 10:01 am

    Jeez! Who needs horror movies when you have stats like that! 😉

    We usually buy our candy last minute since they will be ridiculously on sale.

    Our first born gets his costumes from a thrift store and the second born gets hand-me-downs

    Reply
    • The Money Wizard says

      October 20, 2017 at 10:03 am

      Interesting call on last minute candy buying. I still haven’t bought mine because the prices have been out of control all month. Should I wait until the night of?

      Reply
      • Budget on a Stick says

        October 20, 2017 at 10:07 am

        Haven’t figured out the optimal day yet. Usually just buy the Sunday before since that’s when we do our grocery shopping

        Reply

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