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Americans May Feel a Bit Spooked by Halloween Prices
The National Retail Federation expects Americans to spend $13.5 billion on costumes, candy and decorations, up from $13.1 billion last year.
The National Retail Federation expects Americans to spend $13.5 billion on Halloween this year, roughly $115 per person for costumes, candy, and decorations.
Rising expenses stem from Trump administration tariffs and increased licensing costs; Lorenzo Caltagirone, owner of Total Party in Washington, DC, noted he plays "The Price is Right" with customers as adult costumes rose about $10.
Candy buyers face price hikes of up to 15% due to inflation and cocoa crop issues in West Africa, while pumpkin prices at Round Hill Farm in Culpeper, Virginia, rose 10 cents per pound after Owner Rob Faulconer adjusted costs.
Many shoppers are opting for accessories like goggles and hats instead of full outfits to manage costs; Cincinnati resident Tasheika Mason spent $75 on two children's costumes, exceeding her planned $30 budget.
Despite higher costs, shoppers are still flocking to stores today for last-minute needs; Jack Menke, a University of Cincinnati student, hunted for an astronaut costume just hours before a party.