Valentine’s Day… a day to celebrate your loved ones, indulge in chocolates and satisfy your craving for heart-shaped candy! Whether you’re part of the 52% that plans to celebrate Valentine’s Day or someone whose more on the get-that-arrow-away-from-me-cupid side of things, you’ll probably be surprised to learn just how much we spend on this love-filled day.
Check out our infographic on the real cost of Valentine’s Day!
The Cost of Love on Valentine's Day
52% planning to celebrate Valentine’s Day.1
Total spent on Valentine’s Day in the United States in 2023: $26 billion.2
- 57% candy
- 40% greeting cards
- 37% flowers
- 32% night out
- 21% jewellery
Top gift choices:3
1/5 are planning to buy their gifts online, 57% are planning to buy their gifts in store and 23% are planning to do a bit of both.4
Show me the money
25-34 year olds spend $245, 35-44 year olds spend $2805 and a overall average spending of $1926
How much do we buy?
$13.5 billion spent on significant others and $4 billion spent on other family members.7
About 36% of women expect to receive a gift of perfume.8
About 44% of men expect to receive a gift of electronics.9
Sources
National Retail Federation Survey, January 2024
Statista, Valentine's Day in the U.S., February 2024
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