
Halloween has become a billion-dollar industry in the United States. Americans are projected to spend $9 billion this year on Halloween-related items and activities, down from $9.1 billion last year, according to the National Retail Federation’s annual survey Prosper Insights & Analytics.
While more than 175 million Americans are expected to partake in Halloween festivities, the population that spends the most on the celebration is not evenly distributed throughout the country. There are several regions that are reporting higher spending than others.
States in the South and Northeast are projected to spend the most on costumes, candy, decorations, and greeting cards combined than states in the Midwest and West. For example, those living in the South are projected to spend, on average, $90.35 per person this year on these items. This is much greater than the average projected expenditure on Halloween items in the Midwest of $78.91.
To identify which cities spend the most on Halloween, 24/7 Wall St. created an index that included the number of costume stores, candy stores, haunted tours and haunted houses in each city that’s reviewed on Yelp. We only considered cities with at least 100,000 people. For smaller states, we considered the five largest cities. We also calculated the total pounds of the top three most purchased candies in each state. We took the share of people who live in the city and multiplied that total by the state candy consumption.
Click here to see the 25 cities that spend the most on Halloween.
Click here to see our detailed findings and methodology.
Sponsored: Tips for Investing
A financial advisor can help you understand the advantages and disadvantages of investment properties. Finding a qualified financial advisor doesn’t have to be hard. SmartAsset’s free tool matches you with up to three financial advisors who serve your area, and you can interview your advisor matches at no cost to decide which one is right for you. If you’re ready to find an advisor who can help you achieve your financial goals, get started now.
Investing in real estate can diversify your portfolio. But expanding your horizons may add additional costs. If you’re an investor looking to minimize expenses, consider checking out online brokerages. They often offer low investment fees, helping you maximize your profit.