Higher Halloween spending expected this year as candy prices rise

ST. MARTIN, Miss. (WXXV) — Halloween is drawing nearer, but shoppers have been swiping their cards to prepare well before the holiday. And while Halloween spending is expected to hit $13.5 billion this year, families are feeling the pinch as the cost of celebrating continues to rise.

Families are seeing higher prices on Halloween essentials they buy every year, from candy and costumes to decorations. While some are adjusting to the increased costs, others are getting creative and looking for ways to save.

The scariest thing shoppers will encounter aren’t ghosts and goblins — its price tags.

“The main thing I’ve noticed is that the candy is way more expensive this year than it has been in years past. The costumes are a little higher, but for sure the candy,” said Joy Wilcox.

According to data collected by the national retail federation, a survey determined that 79% of shoppers expect prices on Halloween items to be higher this year due to tariffs.

The largest increase in price is on candy. Around 60% of people in the united states hand out candy for the holiday, but according to The Century Foundation, prices are up 15.3% – a staggering four times overall inflation.

So, consumers are doing what they can to keep up the festive fun without running their pockets dry.

“Traditionally, we do a family costume, like a theme, so not so much that we reuse them, but we do let other people borrow them sometimes. But we’ve done more of the DIY stuff as the prices are increasing,” said Wilcox.

“Mostly, for me, like buying the candy — that’s higher prices. You know, the big bags you get for the kids is anywhere from five to eight dollars more a bag. I’m retired, so we watch our money a little bit closer,” said Tony Abbate.

Whether you’re comparing prices, looking for coupons and sales, or cutting back on spending, shoppers should be prepared to pay more this Halloween.