Average American Holiday Spending Expected to Exceed $2,000 🎁

The holidays aren’t cheap: The average American will spend over $2,000 this season, according to a recent study.<br /><br />Commissioned by Achieve and conducted by Talker Research, the survey of 2,000 Americans who celebrate a winter holiday examined the cost breakdown of the holiday season — as well as how Americans have been impacted by 2024’s financially challenging climate. <br /><br />According to the results, the most expensive holiday category is transportation as those planning to travel this year (64%) will spend $846 on average.<br /><br />“Putting on” the holidays is the next most expensive ticket: Respondents reported they’ll spend $658, on average, in this category. Most expensive items include holiday food and refreshments ($155), throwing parties ($123) and holiday clothing and outfits ($107). The gifts category is next on the list. On average, Americans plan to spend $559 on their loved ones this year, with the most money being spent on kids ($117) and partners ($92).