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- October 27, 202614°
- BIST10011,130-0.20%
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- INTEREST36.00%-1.00
- BITCOIN80,162+0.19%
- October 27, 202614°
Halloween chocolate costs 15% more this year as Americans set spending record
Halloween chocolate prices are up about 15% from last year, even as Americans are expected to spend a record $13.5 billion on the holiday. Cocoa costs and tariffs are keeping prices high.
Halloween chocolate costs an average of $5.67 per package this year, up 15.5% from a year ago, according to PwC. Non-chocolate candy averages $3.31, up 1.8%, while overall gum and candy prices rose 8.1% over the past year, Bureau of Labor Statistics data show.
Global cocoa prices quadrupled between January 2023 and January 2025, according to the International Monetary Fund. They have since fallen by about half, but PwC's Ali Furman said lower costs will not reach store shelves in time for this Halloween.
Tariffs are adding to manufacturers' costs as well. In July, the U.S. imposed tariffs of 10% to 12.5% on 60 trading partners.
Despite higher prices, the National Retail Federation projects Halloween spending will reach a record $13.5 billion, with 96% of shoppers planning to buy sweets.
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