PADUCAH – Halloween is approaching and people across the community are getting ready with decorations and treats.
However, with inflation impacting Halloween product prices, spending is increasing.
It’s a sight to behold. People stop in front of a particular house on Jefferson Street which attracts the attention of many locals.
Michele Joseff and Keith Morgan live here, but their neighbors, Butch and Kris Marshall, decorate Joseff and Morgan’s house instead of their own – for two reasons.
One – to make the house even more fun.
The other — to save money due to the effects of inflation.
They say they are not alone in this kind of partnership.
“For the most part, you’re going to see a lot of people on Jefferson this year pooling their resources,” Butch Marshall said. “Like, we won’t be handing out candy at our house, we’ll come here and pool resources so we can still have the experience, and that’s kind of the cost savings there.”
For Joseff, saving money is a plus.
Halloween is her favorite holiday and she decorates indoors and out.
She usually waits until after the holidays to buy decorations, because that’s when she can find discounts.
“Certainly the prices are going up and I have to wait until after Halloween to buy anything for next year, but luckily I have 30 years of decorating to go on,” Joseff said.
However, Skeletons and Witches aren’t the only things that are getting more expensive.
According to the US Bureau of Labor Statistics, people will pay 13.1% more for candy this year compared to 2021.
Joseff says she spends about $500 each year on treats and says that on Jefferson people can spend even more.
“I can understand why a lot of people don’t give out candy because it’s very expensive,” Joseff said.
Keith Morgan agrees.
“Yeah, especially there,” Morgan said. “Someone said they spent between $1200 and $1500.”
Despite rising costs, Joseff is willing to pay the price to see cheaters smile.
The National Retail Federation says total Halloween spending is expected to hit a record $10.6 billion this year.