What the Average American Spends on Valentine's Day

What the Average American Spends on Valentine's Day
Image credit: pixabay.com
  • ---Shares

Looking to have a romantic Valentine's Day this year? It could set you back a few hundred dollars.

From roses and jewelry to dinner and champagne, Valentine's Day can be a costly affair, according to Bankrate.com.

The company compared prices for a handful of Valentine staples to determine just how much the average American spends on Feb. 14.

The answer? $512.02.

"For most couples, the expectation is there regardless of what the economic situation is," Ron Hill, a professor at the Villanova University, said in a statement. "Love is one of the few things that we think has that infinite value."

Here's a break down of the average prices for a typical Valentine bundle, according to Bankrate.com:

  • A dozen roses -- $41.66
  • A heart-shaped box of chocolates -- $15.11
  • Fine dining for two -- $80.46
  • A bottle of champagne -- $51.54
  • Diamond earrings -- $323.26

This is the first year that Bankrate has run this index, as such there is no way to track how this year's expenses compare to previous years.

 

More from CNBC

Next Article:
Burger Kings in Israel Will Offer Adult...
OK

This website uses cookies to allow us to see how our website and related online services are being used. By continuing to use this website, you consent to our cookie collection. More information about how we collect cookies is found here.