how much do people spend on christmas

On average, people spend around $1,000 on Christmas gifts each year. That figure includes gifts for family, friends, colleagues, and other loved ones. This figure can vary depending on individual circumstances and budgets, but it gives a general idea of how much money is spent on Christmas gifts each year. Additionally, many families also spend money on decorations, food, and other holiday-related expenses, so the overall cost of Christmas can be quite high.