Halloween is all about pumpkins, costumes, candy and fun… but if you’re not careful, it can also be a real fright for your wallet! From last-minute treats to decorations that mysteriously vanish from the shopping list, the hidden costs can creep up faster than a ghost in the night. Let’s break down the scary spending traps and how to avoid them.
Decorations That Add Up
It’s easy to get carried away with cobwebs, spooky lights and inflatable monsters. One small decoration can quickly turn into a haunted house worth hundreds!
Did you know? The average person is expected to spend £29 on decorations this year, up from £18 last year, according to research from My Voucher Codes. That’s a 61% increase in just 12 months!
Budget-friendly tip:
- Reuse decorations from previous years or keep an eye on Halloween discounts you can take advantage of
- Make your own decorations – cardboard, paper, and a few crafty touches can be just as effective (and way cheaper!) There are plenty of crafty ideas online.
Shop around for your pumpkins – Prices range from £0.50 to over £3.00 per pumpkin. Shop around at your budget supermarkets such as Lidl and Aldi.
Costume Costs
Costumes are often the first thing kids (and adults!) think of, and they can be shockingly expensive. Add accessories, makeup and shoes, and you’ve got a scary price tag.
People are now spending an average of £31 on costumes, up from £19 last year, a 63% jump!
Budget-friendly tip:
- Check second-hand marketplaces like Vinted or charity shops.
- Get creative with DIY costumes using things you already own.
Sweet Treat Overload
Sweets and chocolate are the backbone of Halloween, but handing out sweets or buying extras for parties can add up fast. That small bowl of chocolate bars? It can turn into a £20–£30 expense before you know it.
Food and drinks spending is set to reach £44 per person, almost double last year’s £25!
Budget-friendly tip:
- Buy in bulk from supermarkets instead of corner shops.
- Set a clear budget for treats and stick to it!
- Consider alternatives like small toys or healthy snacks.
Parties and Nights Out
Throwing a Halloween party might seem like a fun idea, but food, decorations and drinks can turn into a financial fright. Even an event or haunted attraction can hit your wallet hard.
Budget-friendly tip:
- Host a small gathering at home or organise a movie night instead.
- Ask guests to bring snacks or drinks, everyone gets involved, and it’s cheaper.
Last-Minute Panic Purchases
One of the sneakiest ways Halloween costs spiral? Leaving everything to the last minute. Supermarkets and stores charge more for “convenience” items, and you might end up with multiple trips or forgotten essentials.
Budget-friendly tip:
- Make a checklist and stick to it. Your future self (and your bank balance) will thank you.
Budgeting for Upcoming Days
We hope some of our budgeting tips will help you keep track of your Halloween spending this year. If you’re looking for some help with budgeting for events throughout the year or just want to get your finances on track, read our guide on budgeting or contact one of our expert advisors today if you’d like some individual help.
