What Does “The 12 Days of Christmas” Cost?

December 18, 2023

True Loves get a bit of a break this year …

PNC Bank in a press release on its annual “Christmas Price Index®,” which measures inflation’s impact on items found in the popular Christmas carol, “The Twelve Days of Christmas.”

Why It Matters: Overall, prices for this mixed bag of goods (Two Turtle Doves) and services (Eleven Pipers Piping) will cost slightly more than in 2022, with the gifts listed in “The 12 days of Christmas” reaching a total of $46,729.86. When the index began 40 years ago (to engage clients “during the traditionally light holiday weeks) these items cost just more than $20,000.

More Details: Five out of the 12 gifts in the Christmas song experienced no increase in price this year, “including the Four Calling Birds, Five Gold Rings, Seven Swans-A-Swimming, Eight Maids-A-Milking and Nine Ladies Dancing.” Regarding the cost for A Partridge in a Pear Tree, PNC Bank says: “The price of the bird stayed flat, but the tree it lives in grew by 15%, reflecting overall growth in housing costs.”

What Does It Cost?

  • A Partridge in a Pear Tree: $319.18
  • Two Turtle Doves: $750.00 (PNC Bank shares, “These exotic doves are rare, and due to limited supply, experienced this year’s largest percentage increase at an eye-popping 25%.”)
  • Three French Hens: $330.00
  • Four Calling Birds: $599.96
  • Five Gold Rings: $1,245.00
  • Six Geese-A-Laying: $780.00
  • Seven Swans-A-Swimming: $13,125.00
  • Eight Maids-A-Milking: $58.00
  • Nine Ladies Dancing: $8,308.12
  • Ten Lords-A-Leaping: $14,539.20
  • Eleven Pipers Piping: $3,207.38
  • Twelve Drummers Drumming: $3,468.02

Did you know? The 12 days of Christmas begins on Christmas Day. Good Housekeeping summarizes: “The period begins with the birth of Christ on December 25th and ends with the coming of the Three Wise Men on January 6th, also known as the Epiphany or Three Kings Day. The weeks before Christmas are known as Advent — hence, the creation of advent calendars.” Learn more about the 12 days of Christmas HERE.

Learn More: 40th Year of the PNC Christmas Price Index (an interactive webpage from PNC Bank!)

Now in its 40th Year, the PNC Christmas Price Index Increases 2.7%, Less Than the U.S. Consumer Price Index (PNC Media Room)

The Twelve Days of Christmas (English Heritage)

by Leah Grainery, based in Texas