Thursday, December 1, 2011

12 Days of Christmas $100k

12 Days of Christmas $100k Perhaps there is no better example of inflated prices than adding up the items on the list that make up the classic carol, the 12 Days of Christmas– now valued at over $100k.  Experts recently decided to give a shot at pricing all 364 items in the carol and adding them up which displayed a 4.4% increase in prices across the board. Some items were more expensive than others, but as a whole 2011 has seen some serious inflation. Peanut butter prices are through the roof. Coffee is up 16%. Ground Beef 11.1%. Thanksgiving dinner as a whole is estimated to have been 13% more expensive than last year. So it’s no surprise that the cost of Lords-A-Leaping is also on the rise.   12 Days Of Christmas list is the priciest ever $101,119.84. 12 Days of Christmas $100k Let’s take a look at what some of the reports are showing in regards to the prices of the 12 Days of Christmas. Partridge in a Pear Tree – $184.99 (up 14.2%) Two Turtle Doves – $125.00 (up 25%) Three French Hens – $150.00  Four Calling Birds – $519.96 (down 13.3%) Five Golden Rings – $645.00 (up 0.8%) Six Geese-A-Laying – $162.00 (up 8%) Seven Swans-A-Swimming – $6,3000 (up 12.5%) Eight Maids-A-Milking – $58 (no change) Nine Ladies Dancing – $6,294.03 (no change) Ten Lords-A-Leaping – $4,766.70 (no change) Eleven Pipers Piping – $2,427.60 (up 3%) Twelve Drummers Drumming – $2,629.90 (up 3%) Buy each item once would lead to a total of $24,263.18. If you buy each item as many times as its mentioned in the song, then your total becomes  $101,119.84. The list and prices (aka Christmas Price Index) were calculated by PNC Wealth Management. They’ve been putting this data together for the last 28 years. According to the group, the invention of the internet and fuel costs have affected the Christmas Price Index the most. Services are more expensive than ever while the price of goods is increasing more slowly. Says PNC: “In the 1984 PNC Christmas Price Index, goods were by far the more expensive component of the index. Today it’s services. The cost of entertainment, in particular, has greatly increased over the last 25 years. As a result, the nine ladies dancing have seen a 300% increase in performance fees.” 12 Days of Christmas $100k Now, there are plenty of great, affordable gifts out there— but the fact that inflation has become a serious issue can’t be ignored. We live in a time where it’s important to learn to live frugally and limit the way in which these price hikes affect us. If you’re looking to save money this Christmas, consider buying less expensive gifts for those you’re not terribly close to. Make some drastic home repairs that will help you save on energy costs, and learn how to fight inflation at the grocery store . Related: $2 Million Christmas Tree 12 Days of Christmas $100k Related Posts B 12 days of christmas cost Sick Days vs Personal Days Christmas Preparation, Are You Ready?

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12 Days of Christmas $100k

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