Back-to-school shopping will be more expensive this year: Families say they plan to spend an average of nearly $850, up $59 from 2020.
Families are getting a welcome taste of normalcy with most schools slated to reopen for in-person learning in the fall, but back-to-school shopping this year will present new challenges.
On top of this, the cost to transport goods coming from overseas has increased as a result of skyrocketing cargo shipping rates, Valente told MarketWatch. That’s leading sellers in the U.S. to cut back on purchases. College students and their families are set to spend an average of $1,200 on school supplies and dorm furnishings, up $141 from last year, according to the report. This comes as many colleges and universities are resuming in-person learning and reopening dorms, in many cases requiring students to get vaccinated against COVID-19.
In 2019 families planned to spend $203.44 on electronics; this year they say they’ll spend $274.44, according to NRF. Among families planning to buy electronics, half plan to buy a laptop, 32% say they’ll buy a calculator and 31% say they’ll buy a tablet, the NRF survey found.
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