A survey of 2,000 UK consumers who celebrate Halloween, has shown the average spend is expected to be close to £100.
The findings showed that consumers are willing to spend the most money on events, such as parties, cinema screenings and horror nights, with spend predictions averaging £35.60 per person.
Second biggest in the Halloween spending list is costumes. On average consumers will spend £31.30 on their outfit, although one in five said they would either reuse, borrow, or not dress up at all this year.
Decorations were lowest on the list of expected spend, but still averaged £28.20.
The survey data revealed that Londoners are by far the biggest spenders with the average cost in the capital coming to £149.90. Meanwhile East Anglians were the ones set to spend the least at £50 in total.
Dan Whittaker, consumer finance expert at Little-loans.com, which carried out the research, commented: “Though it is often thought of as a typically American holiday, Halloween has gained massive popularity in the UK in recent years. That’s why we wanted to conduct a survey to find out how much Brits are willing to spend on Halloween this October, whether it’s on costumes, activities or decorating the home, and which of these categories are the biggest expense.
“The data shows that Brits are set to spend almost £100 on Halloween this year. With each category of expenses totalling around £30, you can see how costs easily add up. If you are looking to cut back on Halloween spending this year, the best thing that you can do is be creative and shop second-hand. Try to borrow items from family and friends to create your Halloween costume or raid some charity shops – you can get a unique look for half the price of a store-bought outfit.”