With the cost of costumes, candy, and other festive favors, your credit card bill could easily be the scariest thing you see this Halloween. First, you spend $10 on a freaking pumpkin that you'll forget to carve, and before you know it, you've dropped another $50 on an elaborate Pizza Rat costume. But (despite your lame costume) you're not alone. In fact, the average person celebrating Halloween this year will spend roughly $74, according to the National Retail Federation’s new Halloween Consumer Spending Survey.
In total, 157 million Americans are expected to celebrate Halloween in 2015 and will spend as much as $6.9 billion. That's slightly less than last year's estimation of $7.4 billion, but that's still a lot of chocolate coins. As you might expect, most of that money is spent on costumes; specifically, $1.2 billion will be spent on adult costumes, $950 million will be spent on children's costumes, and $350 million will be spent on costumes for pets, per the survey. $350 million on pet costumes! As many as 68 million Americans will don some sort of costume this year, but that doesn't mean they'll be good or remotely relevant.