From LADbible · · 40s
Christmas spending costs UK households £1,502
UK households expect £1,502 for Christmas this year, with Gen Z spending most but worried about affordability.
In brief
UK households expect £1,502 for Christmas this year, with Gen Z spending most but worried about affordability. Average UK household will spend £1,502 on Christmas this year, with Gen Z households planning £2,274 but 80% concerned about affording it. Originally reported by LADbible.
Average Christmas cost
UK households expect £1,502 for Christmas this year.
Gen Z spends most
Gen Z households plan £2,274 on Christmas versus £870 for Baby Boomers.
Gen Z worried about cost
80% of Gen Z concerned about affording Christmas versus 37% of Baby Boomers.
Park savings advice
Park suggests saving weekly to build Christmas fund without financial stress.
“With the cost of christmas adding up, many families may be thinking carefully about how they can make the most of the festive season while staying within their budget”
What matters most
Average UK household will spend £1,502 on Christmas this year, with Gen Z households planning £2,274 but 80% concerned about affording it.
