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How much should I spend on back to school shopping?

How much should I spend on back to school shopping?

Las Vegas (KSNV) — In a new study conducted by savings.com, the website found that parents will spend an average of $360 during their back-to-school shopping. The results were based on 538 U.S. parents surveyed online, with at least one K-12 child looking to go back to school during the 2021-22 school year.

What is a reasonable budget for back to school clothes?

In 2021, parents expected to spend on average 253.46 U.S. dollars on their children’s back-to-school clothing and accessories.

How much does the average person spend on back to school?

Average Back-to-School Spending Reaches $498, and 33% of Parents Will Go Into Debt To Pay For It.

How much should you spend on back to school clothes 2021?

In 2021, parents are expected to spend an average of $253.46 on new school clothes. Realistically, though, you can probably spend a lot less if you seek out back-to-school sales.

How much money is expected to be spent on school shopping this year 2021?

Families with children in elementary through high school plan to spend an average of $849 on school items this year — $59 more than last year, with total back-to-school spending expected to reach a record $37.1 billion, according to the National Retail Federation.

How much should you spend on back-to-school clothes 2021?

How much should you spend on kids back-to-school?

The National Retail Federation estimates that families will spend an average of $849 on back-to-school items, almost $60 more than last year, when people rushed to set up classrooms at home. College students and their families are expected to spend an average of $1,200.

How much will families spend on school supplies in 2021?

The National Retail Federation says families with school-aged children will average more than $840 on school supplies this year, and that the total back-to-school spending will be $37.1 billion, billions higher than last year’s record spending.

Are people buying clothes 2021?

More than half of U.S. consumers plan to buy apparel in the coming months, making it the top category of anticipated spending, followed by footwear and beauty products, according to NPD. Driving that enthusiasm, analysts say, is pent-up demand from more than a year of depressed spending.

How much should a teenager spend on clothes?

Given those numbers, one could average a figure of $2050 a year on clothes or about $40 a week per individual teen.

How much do you spend on back to school clothes 2021?

How much does the average family spend on back to school supplies?

The Average Family Will Spend $272 Per Child on School Supplies — How Do You Compare? In addition to “revenge spending” on trips, clothing and luxury items, Americans will also be spending more on back-to-school shopping this year, a new survey from Savings.com reports.