U.S. Economy and the Federal Budget: Christmas Price Index, 2007-2008
The true cost of Christmas in song is $86,608.51
Every year since 1984, PNC Wealth Management has calculated the cost of the gifts in the classic holiday song The Twelve Days of Christmas."
|One Partridge in a Pear Tree||$219.99||$164.99||33.3%|
|Three French Hens||30.00||45.00||-33.3|
|Four Calling Birds||599.96||599.96||0.0|
|Five Gold Rings||349.95||395.00||-11.4|
|Nine Ladies Dancing||4,759.19||4,759.19||0.0|
|Eleven Pipers Piping||2,284.80||2,213.40||3.20|
|Twelve Drummers Drumming||2,475.20||2,397.85||3.20|
|Total Christmas Price Index||$21,080.10||$19,507.25||8.1%|
|True cost of Christmas in song1||$86,608.51||$78,100.10||10.9%|
1. Total cost of items if one repeated all earlier verses on each successive day: that is, 12 (1 x 12) partridges in pear trees, 22 (2 x 11) calling birds, 30 (3 x 10) French hens, and so on.
PNC Wealth Management, /node/80738
|Christmas Price Index, 2006-2007||U.S. Economy and the Federal Budget|