Ghosts, goblins and things that go "bump in the night" are frighteningly fun during the Halloween season. The holiday that celebrates all things dark and wicked and the nation's second-largest holiday, is projected to rake in $8.4 billion in sales. According to the National Retail Federation (NRF), the average American will spend $82.93 this year on candy, costumes and decorations, up from $74.34 last year.

Price of Costumes

Dressing as your favorite character from cartoons and comics has become a custom. For kids going trick-or-treating, you can find Superman, Batman, Wonder Woman and Spider-Man costumes. Child-sized costumes will typically cost you around $30 to $40, not including some additional spooky make-up and a handy sack for collecting all those treats.

Adults certainly don't have to be left out of the fun. Every Halloween has popular costumes, but usually they are a direct reflection of current pop culture. The NRF reports that the most popular costumes among adults this year is Batman characters, such as Batman himself or Harley Quinn. The costumes can range from $30 to several hundred dollars, depending on costume details. These prices, however, would fall into the average range of costume prices, but it isn't even close to some of the most expensive costumes.

Examples of Pricier Costumes

If you're a Star Wars fan, you can purchase a Shadow Trooper outfit for $1,299.99. Alternatively, you can spend less money and be a Stormtrooper, for a mere $1,199.99. If you want to go all out this year, consider buying a SCA Combat Armor Suit. This 15th century gothic armor suit is handmade in Europe, but it costs over $3,500. You can purchase the Medieval Combat Sabatons (for your shoes) for $250.

Price of Candy

If the price of costumes isn't in your budget, perhaps you'd just like to indulge in some candy for the holiday. Collectively, Americans will spend $2.5 billion on candy this year. Over 70% plans to hand out candy this year, however, handing out candy is one out of two Halloween trends slowly declining – the other being taking children trick or treating – possibly due to increased focus children's health over the past 12 years since the surveys started.

The Bottom Line

The National Retailers Federation states that, “Consumers are eager to celebrate Halloween, especially given that eight in 10 Americans will shop by mid-October. That is the highest we have seen in the survey history.” After spending nearly two months planning and preparing for this deliciously ghoulish holiday, remember to carve a pumpkin and treat yourself with some candy. Get creative with your costume instead of breaking the bank.

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