Consumers to spend ghoulish $82.93 on candy and costumes for Halloween

Posted at 11:56 AM, Sep 23, 2016
and last updated 2016-09-23 14:13:56-04

This year's Halloween could be a gold mine for Trick-O-Treaters. 

That's according to a survey published by the National Retail Federation, as consumers are expected to spend $82.93 on candy and costumes for Halloween this year. That's up from last years average of $74.34. 

When broken down, shoppers plan on buying $2.5 billion worth of candy, $3.1 billion on costumes, and $2.4 billion on decorations. And when you add in greeting cards to the mix, total spending on Halloween is expected to reach $8.4 billion. 

A total of 6,791 consumers participated in this survey. 

Close to 171 million Americans plan on celebrating Halloween this year.