Back-to-School Shopping Tips
The 2020 data shows parents with children in elementary school through high school plan to spend an average of $789.49 per family, up from the previous record of $696.70 parents said they expected to pay last year.
The average American family is expected to spend almost $700 on back to school shopping this year. According to the survey, clothing and accessories will top K-12 families' expenses $239.82.
That makes it stressful. If you have school-age kids (grades K-12), the National Retail Federation is anticipating that you will spend an average of about $673.57 on clothes and accessories, electronics, shoes and school supplies. That's a nearly 10 percent increase from last year, based on the NRF annual survey.
Families with students in grades one through 12 plan to spend an average of $696.70 on back-to-school supplies in 2019, according to a recent survey by the National Retail Federation, America's biggest retail trade group.
School uniforms save money on back to school spending
According to the National Retail Federation, this past year, parents spent more than $235 per child on back-to-school clothing.
What Moms Spend On Kids' Clothes. According to a report from the United States Department of Agriculture, families might spend up to $1,280 annually on clothing, especially if you have tweens or teens. That's approximately 6% of the total costs to raise a child.
That means parents are focused on equipping their kids with back-to-school supplies. On average, parents expect to spend about $529 per student this year, up slightly from last year, according to Deloitte's 2020 back-to-school survey that polled 1,200 parents with school-aged children.
Spending breakdown
In 2020, teens' spending of their own money on back-to-school supplies averaged out at 45.35 U.S. dollars, whilst pre-teen spending averaged out at 22.58 dollars. Electronics or computer-related equipment was the biggest spending category for back-to-school shoppers in 2020.
Kids grow fast and we need to replace clothes quickly--so from a financial and sustainability perspective, it's important to buy less to waste less. A kid capsule ideally includes between 12-14 items of everyday wear. That means each season they need roughly 6 tops, 5 bottoms, and a dress for girls.
“The best time to buy discount school supplies is July and August,” says Aly Bern, who teaches second grade. When preparing to go back to school, she checks the flyers from all the big box chains, as well Michael's and smarter niche stores.
The average K-12 public school teacher spends $459 each year on school supplies for which they are not reimbursed, according to a state-level analysis of National Center for Education Statistics survey data conducted by the left-leaning Economic Policy Institute.
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