Rising price of goods in 12 Days of Christmas carol

One of the most well-known Christmas carols is “The 12 Days of Christmas,” which has a list of several luxurious items. The presents mentioned in the song are getting more expensive. Learn more here: https://personalmoneynetwork.com/payday-loans/

Leaping Lords are not affordable

When it comes to Christmas carols, every-one knows “The 12 Days of Christmas” well. People have heard it a ton of times like all other famous carols.

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The renowned tune describes some items that the narrator gets from her "true love" during the days of the Christmas season. The song details the presents as 12 drummers drumming, 11 pipers piping, 10 lords a-leaping, and nine ladies dancing, eight maids milking, seven swans swimming, six geese laying eggs, five golden rings, four calling birds, three French hens, two turtle doves, and a partridge in a pear tree. The whole thing would cost $24,263 this year, as reported by CBS.

What a swan goes for

There are consumer costs put on “The 12 Days of Christmas” items leading to a total cost. This is released annually by the PNC Financial Services Group. As reported by PNC's site for the Christmas Price Index, the index was started in 1984 by the chief economist of Provident Bank, which later expanded into PNC.

The seven swimming swans were the most expensive item, according to the Daily Mail, at $6,300. The costs increased 12.5 percent over last year because of fuel costs. The nine ladies dancing were a close second, at $6,294.03, and the least expensive item was the partridge, which was $15.

The maids-a-milking cost the same as they did in 2009. They're very inexpensive.

In the last year, there was a 3.5 percent increase in the total price of all the items. A person would have to spend $101,119 to re-give all the items from the day before every day as the song describes, according to CBS, which is a 4.4 percent increase.

No Cyber Monday discount

It will cost more cash to purchase online, according to the Daily Mail. Cyber Monday would not conserve costs. You've to pay 16.1 percent more to buy it online. It goes up to $39,860 when you have to pay shipping too.

PNC calculates the prices by checking with several retailers and service providers such as PetSmart, the National Aviary in Pittsburgh, Penn., Gordon's Jewelers, and the Phi-ladanco dance troupe and the Pittsburgh Ballet, among others.

There have only been three times when the prices in the index dropped while the index has not dropped at all since 2002, as reported by Wikipedia. The biggest jump in Consumer Price Index was shown in 2003. There was a 15.99 percent leap. The biggest decline seen was in 1995. There was a 21.72 percent drop then.

Sources

CBS: http://www.cbsnews.com/8301-500395_162-57332037/12-days-of-christmas-gifts-cost-over-$100k/

Daily Mail: http://www.dailymail.co.uk/news/article-2067164/12-Days-Christmas-cost-b...

PNC: http://content.pncmc.com/live/pnc/microsite/CPI/2011/index.html#about/faq

Wikipedia: http://en.wikipedia.org/wiki/Christmas_Price_Index