"The 12 Days of Christmas"... Not So Cheap
Think you could afford the cost of the 364 items in the holiday song " The 12 Days of Christmas"? Not unless you have $78,100 dollars to spend. Research conducted by PNC Wealth Management says the prices are up 4 percent from last year. "What's really surprising is that our index follows overall Consumer Price Index trends," Rebekah McCahan, a PNC senior vice president, says in a news release. "To think that the cost of a partridge in a pear tree would mirror what's going on at Target, for example, is pretty interesting." Here is a breakdown of the list:
Partridge, $15
Pear Tree, $150
Two Turtle Doves, $40
Three French Hens, $45
Four Calling Birds (canaries), $600
Five Gold Rings, $395
Six Geese a-Laying, $360
Seven Swans a-Swimming, $4,200
Eight Maids a-Milking, $47
Nine Ladies Dancing (per performance), $4,759
10 Lords a-Leaping (per performance), $4,285
11 Pipers Piping (per performance), $2,213
12 Drummers Drumming (per performance), $2,398
Merry Christmas, Right?
Labels: commentary, holidays, money, study
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