You’ll never guess how much you spend on the holidays in your life… [watch]

You’ll never guess how much you spend on the holidays in your life… [watch]

You’ll never guess how much you spend on the holidays in your life… [watch]

Americans spend nearly $100,000 in their lifetime in the name of holiday spirit, according to new research. The study of 2,000 Americans found we’ll typically part with $1,556 in a single festive season preparing for the holidays and getting our homes in shape for the arrival of guests. Over an average adult lifetime, that equates to an incredible $93,360.

Broken down over a single season, the average American spends $235 on holiday home decor, $375 on holiday gifts, and $645 on other festive hosting essentials. Alongside our home spending, we’ll also drop a further $301 on food and drink – with the average host estimating they entertain 10 people through the festive season. As for gift-giving, 50% won’t just purchase gifts for others, but also want to indulge in the holiday spirit by spending on themselves.

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