UK families to spend over £1,800 this Christmas as costs triple in last 30 years
The IndependentGet the free Morning Headlines email for news from our reporters across the world Sign up to our free Morning Headlines email Sign up to our free Morning Headlines email SIGN UP I would like to be emailed about offers, events and updates from The Independent. As the cost of living continues to skyrocket, the average household in the UK will spend £1,811.70 on Christmas festivities this year, the equivalent of 80 per cent of the average monthly UK income. MoneySuperMarket’s analysis of 2,000 people and a basket of 24 costs associated with the festive season saw an average price rise that is a staggering 93 per cent above the rate of inflation. Brits expect to spend £64.60 on this year’s turkey, compared to an average of £17.39 in 1993 - £34.79 adjusted for inflation - meaning the centrepiece is 46 per cent above the rate of inflation. A 454g tin of Quality Street was just £1.67 in 1993 – the average cost per 100g today is 91p, meaning the festive treats cost 16 per cent above the rate of inflation.
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