With family budgets already squeezed, back-to-school costs sting more
4 months, 2 weeks ago

With family budgets already squeezed, back-to-school costs sting more

LA Times  

When August rolls around, Gloria Ponce braces for the line she knows she’ll need to add to the family budget. Los Angeles parents will spend almost $200 more this year than last on back-to-school expenses and 57% more than the national average, according to a survey conducted by consulting firm Deloitte. “What are they supposed to do?” The Deloitte survey found that Los Angeles parents are spending an average of $921 per child on back-to-school shopping compared with a national average of $586, which was slightly lower than last year’s national average. Spending on tech products saw the biggest jump from last year, with Los Angeles parents spending $648 on tech in 2024 versus $527 in 2023. Regardless of income, 72% of Los Angeles parents said their child’s preferences influence how much they spend.

History of this topic

Americans set to spend a total of $39 billion on back-to-school shopping this year
3 months, 4 weeks ago
School supplies are getting more expensive with inflation
1 year, 4 months ago

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