Los Angeles, California is the most expensive city in which to spend Valentine's Day, according to the multiple factors cited in this study, where dinner in a Michelin-star restaurant (with wine) will set you back a staggering $548.97. Capital One Shopping reports that pet owners spent $1.5 billion on Valentine’s Day gifts for their pets last year: $31.24 for dogs and $27.42 for cats. Local Restaurants Step Up on Cupid’s Big Day. Dining out on Valentine’s Day represents a large portion of consumer spending, positively impacting workers and businesses through more tips Which city spends the most money on Valentine’s Day? This depends on how much celebrating the day costs across the world. Los Angeles (USA) was the most expensive destination, where the total Valentine’s cost is $1,316. Venice (Italy) and New York City (USA) come in second and third with $1,076 and $1,056. More than 1 in 4 Americans characterize people who go out to dinner on Valentine’s Day as suckers, show-offs, or insecure. Valentine’s Day Facts. $27.5 Billion: Total Valentine’s Day spending projected for 2025 ($188.81 per person celebrating). 2X: Men will spend almost twice as much as women, on average, for Valentine’s Day 2025. What cities are best for a romantic and budget-friendly Valentine's Day celebration in the United States this year? Valentine’s Day spending reaches $14.2 billion annually, with the average Top 6 Valentine’s Day Facts for 2025: $27.5 Billion: Total Valentine’s Day spending projected for 2025 ($188.81 per person celebrating). 2X: Men will spend almost twice as much as women, on average, for Valentine’s Day 2025. $11.9 Billion: Amount Americans will spend on jewelry ($6.5B) and a special evening out ($5.4B). While approximately 59% of consumers celebrate Valentine’s Day globally, in the US alone, this holiday was expected to drive approximately $25.8 billion in spending in 2024. This was a slight decrease from the $27.5 billion spent in 2023, but still a significant amount overall. Planning ahead, looking for deals, and finding creative options can help keep spending low. This way, Valentine’s Day can be a joyful time instead of a worry about money. How economic factors influence Valentine’s Day spending. Valentine’s Day spending often reflects the economic climate. WASHINGTON – Consumers are expected to spend a record $27.5 billion on Valentine’s Day this year, according to the annual survey released today by the National Retail Federation and Prosper Insights & Analytics. The amount is up from last year’s $25.8 billion and slightly above the previous record of $27.4 billion set in 2020. Valentine's Day is Brought to You by American Business. According to a survey conducted by the National Retail Federation, Americans will spend $25.8 billion on Valentine's Day this year on things such as candy, flowers, greeting cards, dining out, and other purchases. The U.S. Chamber of Commerce used this figure to determine spending by In total, people expect to spend $130. 7. An estimated $30. 3 billion will be spent this Valentine’s Day, with participants spending an average of $200. 50 per person on anything from their cats to themselves to their pets. In 2023, consumer spending on Valentine’s Day is expected to increase by 8 to $26 billion, the second-highest year on Most consumers are opting for low-cost Valentine's Day celebrations, with many cutting back on spending due to financial concerns. 35% cite affordability issues, 25% are prioritizing savings, 11% Counting the cost and the pennies when it comes to Valentine's Day - Edinburgh spends the least on Valentine's gifts The five cities spending the least on Valentine’s Day were: Edinburgh - £12.95 A stat from another Valentine's Day spending survey from WalletHub really drives this home: Women are 33 percent more likely than men to spend nothing, while men are twice as likely to spend over $100. And in 2018, men spent almost twice as much as women did on a significant other ($196 versus $100). (InvestigateTV) — A recent survey from WalletHub found that 34% of Americans don’t expect their Valentine to spend money on a gift for them this year. Leslie Tayne, a debt relief attorney with The previous record spending on Valentine's Day was set in 2020 when we were dealing with the pandemic, but shelled out $27.4 billion. candy tops the list. 56% say they will be picking up some In 2025, Generation Z were by far spending the most money on Valentine's Day at around 235 U.S. dollars. By contrast, Baby boomers had an expenditure of just 53 U.S. dollars. Most-Shopped Valentine’s Day Gifts of 2025. Some prefer experiential gifts, while others prefer a physical gift, while others prefer food. For 2025, clothing and chocolates are the most Counting the cost and the pennies when it comes to Valentine's Day - Edinburgh spends the least on Valentine's gifts The five cities spending the least on Valentine’s Day were: Edinburgh - £12.95 Graph 18: Valentine’s Day purchasing levels by channel, 2023-24; Graph 19: Valentine’s Day gift buying online, 2023-24; Graph 20: Valentine’s Day gift buying, by age, 2024; Graph 21: Valentine’s Day gift buying, by resident parent of children under 16, 2024; Valentine’s Day spending in 2023
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