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Price of '12 Days of Christmas' items up slightly
Posted: Nov 30, 2009 11:52 AM
Updated: Nov 30, 2009 11:52 AM
PITTSBURGH (AP)
After 12 days of Christmas, anyone looking to buy all of the items listed in the song would need to fork over more than $87,000 this year.
As PNC Wealth Management calculates it, which includes buying the items repeatedly as the song suggests, the precise cost would be $87,403.
But on the bright side, PNC's "Christmas Price Index" is up only $794 over last year. That's less than one percent thanks to lower energy costs and fewer wage increases.
It's the five golden rings that account for most of the increase. The price of gold has risen 43 percent since last year, and the rings would cost $500, up from $150.
The most expensive item would be the nine ladies dancing, at $5,473 per performance. Of the material goods, the seven swans-a-swimming are the biggest hit at $5,250. Still that's $350 cheaper than last year.
There's a note of caution for those who would buy it all online. That would cost $10,000 more, largely because of the shipping costs for birds.
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