Price of Fright: Down 0.6%
There’s nothing too scary about Halloween costs this year. In fact, Bankrate’s 4th annual Price of Fright index detects some devilish deflation haunting checkouts as shoppers stock up on ghoulish Halloween goodies.
Our spine-tingling survey finds that the cost of a typical shopping basket full of Halloween items — including 2 bags of chocolates, kid costumes, festive decor and the cost of a pumpkin — has crept down 96 cents, or 0.6%, from last year. And that’s despite a frightful, double-digit-percentage jump in decoration prices.
Scaring up all of the stuff on our list would set you back an average $155.59 this year, down from $156.55 in 2015.
This change is less Freddy Krueger and more Casper the Friendly Ghost. Overall inflation as measured by the Consumer Price Index also is looking like “The Invisible Man.” At last check, prices throughout the economy were rising at an annual rate of just 1.1%.
Join us, if you dare, as we share the dreadful details of our research and tell you how to keep a coffin lid on your Halloween spending.
RATE SEARCH: Find a credit card with low rates at Bankrate.com today.
Methodology: Bankrate’s Price of Fright index annually tracks prices of: 2 40-ounce bags of Halloween chocolates, 1 pirate costume for a boy or girl, 1 pumpkin and 3 decorations (a light-up tombstone, a life-size hanging skeleton and a spooky lantern). Prices for all items but the pumpkin were obtained from multiple retail websites Sept. 27 and were averaged. Pumpkin weighted average price comes from the U.S. Department of Agriculture.