The Twelve Days of Christmas Out of Pocket Expense
From Drummers Drumming to Pipers Piping, Just How Much Can You Expect to Spend This Christmas
While you may have never asked your true love for a pear tree, you may want to ask for a partridge instead, the least expensive item in the song. The pear tree has actually made quite a jump over the past year, as have many other items on the list.
The milking maids remained the steadiest due to the only unskilled laborers in the song.
The Twelve Days of Christmas has become an increasingly expensive purchase. The items in the song will run more than $18,900 this year. This is a 3% rise form last year. So why are partridges in a pear tree so much more expensive than last year? The items in the song have increased in different ways.
According to PNC Financial Services Group, the total cost of items gifted by a True Love who repeats all of the items in each verse will cost over $75,000, a 3.5% increase from last year.
According to chief investment strategist for PNC Wealth Management Jeff Kleintop, the wages for skilled workers have increased as the labor market has tightened. That's great news for dancers and musicians, whether there are eleven of them of several thousand.
There has also been a decline in the housing market which has decreased the demand for golden rings and other luxury items, therefore making them more expensive.
Partridges, turtle doves, French hens, geese and swans are currently at the same rate that they were last year. Leaping lords and dancing ladies, as well as piping pipers have all had an increase in average wages. So, if you are planning on giving your true love all of the items from the twelve days, you may want to reconsider your budget.
The milking maids' minimum wage unfortunately remains at $5.15 an hour. This is the same wage that has been instated since 1997.
This analysis performed by the Pittsburgh bank is somewhat silly; it is of course interesting to note the prices on the random assortment of products and services listed in the song.
The Twelve Days of Christmas Out of Pocket Expense
All I want for Christmas-this partridge in a pear tree costs around $155.00. Not bad for a unique Christmas gift!
Credit: www.guyotbrothers.com
Copyright: www.guyotbrothers.com
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Did You Know?
For just under $19,000, you could purchase the twelve day items for your true love.
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