Last year, the price to buy the gifts from the classic Christmas carol “The 12 Days of Christmas” was over $87,000.  That’s quite a bit of money, but it was nearly $10,000 cheaper than this year.  This year’s Christmas Price Index compiled by PNC puts the price of “The 12 Days of Christmas” at a staggering $96,824 dollars!  This is the widest gap between the Christmas Price Index and the Consumer Price Index in the 27-year history of the Christmas Price Index.

There are two main causes driving the difference between the two CPIs.  One of these is the incredible rise of the price of gold, which is up 30 percent over last year’s rate.  The other is the incredible rise in the price of caring for and feeding the flocks of birds needed to recreate the song.  The increase in the cost of hiring dancers is another big driver for the massive cost uptick.

“There’s no doubt that our feathered friends in general make up a good portion of the increase,” said Jim Dunigan, managing executive of investment for PNC Wealth Management.  The price of two turtle doves is up 78 percent, to $100, and the price of the three French hens is up a staggering 233 percent, to $150!  The prices for four gifts remain the same from last year:  the pear tree ($149, not including the partridge), four calling birds ($599.96), six geese ($150) and the eight maids-a-milking ($58).

Tags: Christmas Price Index, PNC, 12 Days Of Christmas, price of the 12 days  of Christmas, real cost of the 12 days of Christmas gifts, Christmas gifts price index, Christmas carols, 824 for the 12 Days of Christmas gifts, 0000 for Christmas gifts

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