Not Even 12 Days of Christmas Can Escape Inflation
By: Michael C. Fehn
Updated: November 26, 2012
PITTSBURGH (AP) -- Add seven swans, six geese and five golden rings to the list of Christmas gifts that cost more this year.
If you buy every item mentioned in "The Twelve Days of Christmas" you'll be set back $107,300 this year. That's a 6.1 percent jump from last year.
PNC Wealth Management tallied up the costs for its annual Christmas Price Index. The company says there are 364 total items across all the song's verses.
Thrifty shoppers may find some reasons for cheer. Six items haven't gone up in price: maids-a-milking, ladies dancing, lords-a-leaping, calling birds, turtle doves, and the partridge. The eight maids-a-milking still cost just $58 because the minimum wage hasn't risen.
The $15 partridge is the cheapest item, and swans the most expensive, at $1,000 each.
If you buy every item mentioned in "The Twelve Days of Christmas" you'll be set back $107,300 this year. That's a 6.1 percent jump from last year.
PNC Wealth Management tallied up the costs for its annual Christmas Price Index. The company says there are 364 total items across all the song's verses.
Thrifty shoppers may find some reasons for cheer. Six items haven't gone up in price: maids-a-milking, ladies dancing, lords-a-leaping, calling birds, turtle doves, and the partridge. The eight maids-a-milking still cost just $58 because the minimum wage hasn't risen.
The $15 partridge is the cheapest item, and swans the most expensive, at $1,000 each.
