Winter Holiday Spending Per Capita

How much money do people spend on Christmas by state?
Some states seem to focus on the simple things, like Oklahoma, which only spends about $796 per capita per year. Compare that to the Santa Claus of the states, New Hampshire, which spends more than $1,567 per capita per year. Wow, they certainly love their holiday cheer! In the majority of states, though, people spend around a thousand dollars every year.

Holiday Spending per Capita

<a href=""><img src="" alt="Winter Holiday Spending Per Capita" title="Winter Holiday Spending Per Capita - - Infographic"></a><br><a href="" alt="" title="">By</a><br /><br /><br /><br /><br /><br /><br /><br /><br />

How does the winter holiday season compare to other holiday shopping statistics?
It’s important to note that these figures also lump together other winter holidays like Hanukkah and Kwanzaa into one huge metric. Holiday spending statistics show that these winter holidays completely dwarf other spending sprees. The total of winter holiday spending stands at around $678 billion, but the figures for what America spends money on during the rest of the year are much smaller. The next in line, the back-to-school season, is a fraction of that, just $83 billion. Though the largest slice of this winter holiday spending pie is likely Christian, Americans spend a little less than 3 percent on Easter of what they spend on Christmas.

Should I use this to figure out how much to spend on Christmas gifts this year?
Yes and no. Christmas in America is a bit more complicated than averages. The average amount spent on Christmas usually combines some extremes; in other words, some families spend thousands of dollars, and others can barely afford the holiday season. While many spend around a thousand every year, the average amount adults plan on spending for holiday-related items is $419. If you’re strapped for cash, don’t let the average Christmas spending statistics influence your budget. Holiday retail sales have continuously gone up, and keeping up with the Joneses can lead to a massive amount of post-holiday debt.

How should a family plan for holiday spending?
Create a budget and stick to it. It’s not always easy, but it’s the best way to handle the season, which also usually features an increase in energy costs. Don’t catch the holiday spending fever, and use a family strategy that works for you. While you should pay attention to holiday sales, don’t fall victim to a false sense of urgency. Above all, remember that you don’t have to prove your love through gifts. As so many holiday TV specials preach, the winter season is about family, friends, and much more than just how much you spend!

Like Love Haha Wow Sad Angry
  • * Maximum loan amount in Illinois is $4,000. Maximum loan amount in Mississippi is $2,500. Maximum loan amount in Tennessee is $6,500, assuming customer qualifies and accepts both the Pledge and Line of Credit. Minimum loan amount in California is $2,600.
  • ** Car title loans may require a credit check in California. Motorcycle title loan and pawn approval requires satisfaction of all loan eligibility requirements including a vehicle evaluation and a credit check.
  • *** To be approved for a title loan or pawn, you must be at least 18 years of age (19 in Alabama). Account approval requires satisfaction of all eligibility requirements, including a possible credit inquiry, and a motor vehicle appraisal. Certain other terms and conditions apply.
  • † Proof of income is required in Illinois, Nevada, some Texas locations, and California. In California you are also required to provide proof of residency, and a valid vehicle registration to obtain a loan.
  • ‡ Signature and personal loans are offered by an affiliate of TitleMax® and are currently only available in Florida. Account approval requires satisfaction of all loan eligibility requirements, including a credit inquiry, and, if applicable, motor vehicle appraisal.
  • § Refinancing of a competitor’s title loan is not available in Mississippi or Virginia. In Illinois, you are required to have reduced your original principal balance by 20% before refinancing. TitleMax®, TitleBucks®, and InstaLoan®, are not considered competitors. Please see a store associate for details.
  • - TitleMax of Virginia, Inc. d/b/a TitleMax® is licensed by the Virginia State Corporation Commission, license number VTL-11.
  • - In Texas, TitleMax® acts as a Credit Services Organization to assist customers in obtaining a loan through an unaffiliated third party lender. Please see store associate for details. Please see Texas Schedule of All Fees.
  • - In GA, TitleMax® offers Title Pawns.
  • - In CA, Loans are made by TitleMax of California, Inc., California Finance Lenders Law License No. 603K014.
  • - New Mexico Consumers: please see important New Mexico Consumer Information and Disclosures.