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The Cost Of: Prices of the most popular gifts for Christmas

As you sort through the presents you got this year, see how it stacks up to what people are buying this holiday season.

Kristie Reeter

Dec 25, 2024, 1:37 PM

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We all know a lot of money goes into all those gifts under the Christmas tree.

As you sort through the presents you got this year, see how it stacks up to what people are buying this holiday season.

Investopedia says it's a record-breaking year for holiday spending.

The average spending during this time is just over $900.

About 54% of people say they are spending on clothing or accessories - and that's where the deals are this holiday season.

Gift cards come in second, with 44% of people buying those for friends and family.

Toys are next at 36%.

Books, video games and other media are around 30% and vary by family.

Also, if you are sporting that new wardrobe you are not alone, it is one of the most popular gifts this year.

Be sure to spend those gift cards.

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