How Inflation Raised the Price of Halloween

Halloween

As Halloween approaches, the cost of candy and costumes is soaring alongside inflation. So, just how much have those prices risen? We analyzed how inflation has impacted the prices of Halloween favorites, from chocolate bars to trending costumes. In this article, we'll share our findings and offer tips for celebrating without breaking the bank. Whether you're planning your trick-or-treating route or picking out the perfect costume, prepare for these higher costs and find ways to make the spooky season more affordable.

Key Takeaways

  • 3 Musketeers are the most expensive Halloween candy, with an average current price of $0.79 an ounce.
  • Skittles are the least expensive Halloween candy, with an average current price of $0.32 an ounce.
  • Milky Way bars experienced a 97% price jump this year, with an average current price of $0.77 an ounce compared to $0.39 an ounce in the previous year.
  • On average, a Charizard costume is the most expensive popular costume ($65.01), while a Luigi costume is the least expensive ($27.79).

Candy Prices at a Sugar High

  • On average, chocolate candy ($0.63 per ounce) currently costs 62% more than other types of candy ($0.39 per ounce).
    • Chocolate candy has experienced a 43% price jump this year.
    • Other types of candy have experienced a 20% price jump this year.
  • On average, buying candy in bulk ($0.48 per ounce) currently saves 28% compared to buying in small quantities ($0.67 per ounce).

The Monstrous Price of Halloween Costumes

  • On average, Charizard is the most expensive trending costume ($65.01), showing just how popular Pokémon continues to be.
    • Pikachu is a more affordable Pokémon costume at an average price of $28.78.
  • An X-Men Wolverine costume costs more than a Deadpool costume ($56.93 vs. $46.79).
  • A Luigi costume is the least expensive ($27.79), while a Mario costume costs $35.94.

Tips for a More Affordable Halloween

While inflation may have pushed up the price of candy and costumes, celebrating Halloween on a budget is still possible with a few smart strategies. Here are some ideas to help you save this season:

  • DIY costumes. Cut costs by putting together costumes using items you already own, or by browsing thrift stores for affordable options. You could also organize a costume swap with friends or family to further save on expenses.
  • Use household items for decorations. Turn old sheets into ghosts, use paper for spooky cutouts, or repurpose recyclables to make eerie settings.
  • Buy candy in bulk. Purchasing candy in larger quantities can save up to 28% compared to buying in small packages.
  • Shop early. Stock up on candy and costumes early in the season when prices are typically lower.
  • Be on the lookout for deals. Many retailers have Halloween related sales in the days leading up to the holiday. Take advantage of sales and coupon codes when available.
  • Host a potluck Halloween party. Share the cost of food and festivities by inviting friends and neighbors to contribute to a potluck-style celebration.
  • Look for free local events. Research community trick-or-treating, fall festivals, or other local events to have fun without extra costs.

With a little creativity and planning, you can keep your Halloween festivities both spooky and budget-friendly.

Methodology

To analyze the impact of inflation on Halloween candy and costume prices, we gathered data from CamelCamelCamel and Amazon. We tracked current candy prices and compared them to the lowest price from the past year. We also identified average prices for popular Halloween costumes. Data was collected from September 12-13, 2024.

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about the author

Marc Mezzacca
Founder and CEO, CouponFollow
As the Founder and CEO of CouponFollow, Marc has a passion for helping consumers save time and money while shopping online. He’s been a bargain and deal hunter since the early 2000s.