Back-To-School Shopping 40% More Expensive For Most Families

Back-To-School Shopping 40% More Expensive For Most Families

Inflation has made back-to-school shopping a lot more expensive for most families. According to the National Retail Federal (NRF), families will spend an average of 40% more on back-to-school items compared to fall of 2019. The biggest price hikes?  Stationary (21.8% higher), furniture (21.1% higher), and shoes (9.9% higher). A total of $37 billion will be spent on back-to-school shopping this year. How did you approach back-to-school shopping this year?  Did you make any changes to account for inflation?