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An?Expensive List

12 Days Of Christmas Would Cost Nearly $110K

December 25, 2012
By Eric Tichy (etichy@post-journal.com) , The Post-Journal

A severe drought means paying more for the "Twelve Days of Christmas" this year.

Increased feed costs for large birds has generated a 4.8 percent surge in the 2012 PNC Christmas Price Index, a playful economic analysis on costs associated with the holiday classic song.

Those looking to snag all 364 gifts in the famously repeating song will need to fork over $107,300, a 6.1 percent increase over last year.

"The rise is larger than expected considering the modest economic growth we've had over the past 12 months," said Jim Dunigan, managing executive of investments for PNC Wealth Management.

"Despite some weak spots in the economy, consumer balance sheets are improving along with consumer confidence, which means this may still be a spirited holiday season," Dunigan said.

One of the larger increases the index saw this year was for swans - considered the most volatile in terms of annual price expectations. Swan costs rose by 11 percent, totaling $7,000.

However, the prices of six items this year have remained the same: Two turtle doves, four calling birds, eight maids-a-milking, nine ladies dancing, 10 lords-a-leaping and the lone partridge. It should be noted that the cost for the maids-a-milking have stayed stagnant as the only unskilled laborers in the index

Items that have seen an increase this year include: 11 pipers piping ($2,562) and 12 drummers drumming ($2,775), both of which increased in cost by 5.5 percent. The three French Hens, up 10 percent, and the five gold rings, up a whopping 16 percent, haven't helped overall costs this year, either.

Those looking to the Internet for a bargain also will pay a bit more this year; a set of the core items will cost $40,440 - representing a 1.5 percent increase.

"In general, Internet prices are higher than their non-Internet counterparts because of premium shipping costs for birds and the convenience factor of online shipping," Dunigan said.

Prices this year for items in "The Twelve Days of Christmas," according to PNC:

One Partridge in a pear tree: $204.99

Two turtle doves: $125

Three French hens: $165

Four calling birds: $519.96

Five gold rings: $750

Six geese a-laying: $210

Seven swans a-swimming: $7,000

Eight maids a-milking: $58

Nine ladies dancing: $6,294

10 lords a-leaping: $4,767

11 pipers piping: $2,562

12 drummers drumming: $2,776

 
 

 

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