Making one’s true love happy will cost a whopping $87,403 this year, a minuscule increase from last year, according to the latest cost analysis of the items in the carol “The Twelve Days of Christmas.”
That’s the grand total for everything from the partridge in a pear tree to the 12 drummers drumming, purchased repeatedly as the song suggests, according to the annual Christmas Price Index compiled by PNC Wealth Management. The price is up $794, or less than 1 percent, from $86,609 last year.
Jim Dunigan, managing executive of investment for PNC Wealth Management, which has been calculating the cost of Christmas since 1984, attributed the modest increase to lower energy costs and fewer wage increases.
The main factor behind the higher cost is that the price of gold has increased 43 percent, bringing the five gold rings up $150 to $500. – AP
Source: The Philadelphia Inquirer
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