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The $78,100 Christmas gift

Discussion in 'Anything goes' started by EStreetJoe, Nov 26, 2007.

  1. EStreetJoe

    EStreetJoe Well-Known Member

    stole this from a music list I'm on:

    This year cost of gifts in 'Twelve Days of Christmas' rises to $78,100
    updated 8:38 a.m. ET, Mon., Nov. 26, 2007
    PITTSBURGH - While the origins of the Christmas carol "The Twelve Days
    of Christmas" may be a mystery, one thing is certain: It's getting
    more costly to buy your true love all the items mentioned.

    It would cost $78,100 to buy the 364 items, from a single partridge in
    a pear tree to the 12 drummers drumming, repeatedly on each day as the
    song suggests, according to the annual PNC Christmas Price Index
    compiled by PNC Wealth Management. The cost is up 4 percent from
    $75,122 last year.

    Buying each item in the song just once would cost $19,507, up 3.1
    percent from last year's $18,921. And shopping online would be
    costlier, with the total for the 364 items costing $128,886, up 2.5
    percent from last year's $125,767. You would spend $31,249 online for
    each item just once this year.

    Though a humorous look, PNC said the index mirrors actual economic
    trends. PNC has been calculating the cost of Christmas since 1984.

    Helping push the cost up this year is the minimum wage hike, which
    bumped the cost of eight maids a-milking from about $41 to nearly $47.

    "They have not had an increase since 1997," said Jim Dunigan, managing
    executive of investment for PNC Wealth Management. "The good news is,
    if you're a maids a-milking, they will also see an increase in 2008
    and 2009."

    12 days PAYING FOR IT

    Prices of items in the Christmas carol "The Twelve Days of Christmas,"
    according to PNC Wealth Management:
    Item Cost Cost last year
    Partridge $15 Same
    Pear Tree $150 $130
    Two Turtle Doves $40 Same
    Three French Hens $45 Same
    Four Calling Birds (canaries) $600 $480
    Five Gold Rings $395 $325
    Six Geese a-Laying $360 $300
    Seven Swans a-Swimming $4,200 Same
    Eight Maids a-Milking $47 $41
    Nine Ladies Dancing (per performance) $4,759 Same
    10 Lords a-Leaping (per performance) $4,285 $4,160
    11 Pipers Piping (per performance) $2,213 $2,124
    12 Drummers Drumming (per performance) $2,398 $2,301

    Higher food costs pushed the six geese a-laying from $300 to $360. And
    reflecting higher gold prices, those five gold rings will cost $395,
    up 21.5 percent from last year's $325.

    "The cost of the gold rings in this year's Christmas Price Index
    reflects the general trend of increasing commodity prices in the
    Consumer Price Index, including gold," Dunigan said. "In addition,
    increased fears about inflation and the value of the dollar may have
    led investors to turn to gold as a safer place to invest their money."

    Not everything is more costly. The price of a partridge ($15), two
    turtle doves ($40) and three French hens ($40) remained the same, as
    did seven swans a-swimming, at $4,200, and nine ladies dancing, at

    PNC checks jewelry stores, dance companies, pet stores and other
    sources to compile the list, Dunigan said.

    If one had $78,000 to splurge for Christmas, there's "probably a
    Mercedes or a Hummer in there someplace," Dunigan said. "The key there
    is you'd lose the romantic value."

    "I'm sure there's something on the list for everybody," he said. "If
    it was my wife, she'd probably go for five gold rings."
  2. Overrated

    Overrated Guest

    I only count 79 items, not 364. What am I missing?
  3. zeke12

    zeke12 Guest

    You buy things repeatedly.
  4. Clever username

    Clever username Active Member

    Why are you counting? Why was this story written? Just why?
  5. Overrated

    Overrated Guest

    Like 12+11+10+9...or someth...oh I think I get it. That's stupid.
  6. EStreetJoe

    EStreetJoe Well-Known Member

    It's a story that gets written every year at Christmas time. How much would the gifts in the 12 days of Christmas cost?
    Of course it likely gets written every year because some news/features editor says "I bet people don't remember that story from last year" or because the AP needs to have a stock Christmas story they run every year, but just update.
  7. Inky_Wretch

    Inky_Wretch Well-Known Member

    Those are some expensive lap dances.
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