With trick-or-treating just around the corner, many parents are feeling the pain when budgeting for Halloween this year. Inflation means many elements of the holiday, including children’s costumes, candy and decorations, are becoming more expensive. Many experts attribute a significant portion of the blame to the tariffs implemented by the Trump administration.
Traditions and treats Dressing up and getting candy are two hallmarks of Halloween for kids, but both of these things have seen price hikes in 2025. The average cost for a “100-piece bag of candy is $16.39 in 2025, up more than $2 from last year and 78% since 2020,” according to a study from the financial institution FinanceBuzz. This is “more than triple the national rate of inflation” of 25% during the same time period.
There was a slight dip several years ago when the cost for a “bag of Halloween candy increased by less than $1 year-over-year from 2020 to 2022,” said FinanceBuzz. But since then, the price has “gone up by more than $2 per year over the last two Halloweens.”
Those who plan to pass out candy will “shell out an average of $70” this year, said LendingTree. At least 31% of Halloween spenders even report “going into debt by overspending” for the holiday.
Chinese tariffs are having a tangible effect on costume prices, as “90% of Halloween products contain at least one component made overseas,” said CNN. As a result, this year's Halloween costumes will cost a “little more, and you will see less variety.”
Halloween companies are also feeling the hurt. “We are all kind of on edge, but we are trying to stay positive,” Chris Zephro, the president of costume manufacturer Trick or Treat Studios, said to CNN.
How to save One way to save money this Halloween is to purchase costume pieces separately and in advance. Experts say “warehouse clubs tend to offer the best per-piece value” for candy in bulk, said Reuters.
Many plan to celebrate the holiday despite rising prices. “Even in challenging economic times or with price adjustments,” said Carly Schildhaus, of the National Confectioners Association, to CBS News, people are “leaving room in their budgets for chocolate and candy.” |