Some of America’s traditional holiday season festivities include walking around a winter wonderland, drinking a warm mug of hot chocolate, and singing songs like, “The Twelve Days of Christmas”.  Well, PNC Wealth Management recently released the PNC Christmas Price Index® and this year it’s going to cost a pretty penny to enjoy those wonderful 12 days of Christmas.

Around this time of the year, PNC researches the cost of buying each gift named in the traditional Christmas carol—from a partridge in a pear tree and the two turtle doves to 11 pipers piping and 12 drummers drumming.  According to Kelly Erb’s article “Cost of 12 Days of Christmas Mirrors National Economy” on Forbes.com, this year the price-tag of the “364 separate pieces of Christmas joy” checked out to be $101,119.84. The highest priced gift your true love would be paying for…the seven swans-a-swimming, which cost an astonishing $6,300, up 12.5% from last year.

It’s no surprise that our country’s hard economic times have taken their toll on holiday shopping, but we shouldn’t let the inflation of some of our favorite holiday gifts discourage the true meaning of the holiday season—spending time with those you love.

Happy Holidays from ChargeLogic!