Here's How Much Nevadans Spend On Valentines Day Gifts (2024)

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Here's How Much Nevadans Spend On Valentines Day Gifts? ›

Nevadans' Valentines Day Spending Habits Are Average

With the average cost of V-day gifts for those who have been seeing each other at least two years sitting at around $150, we suggest paring that down when it comes to newer relationships. If the relationship is newer (less than six months), or hasn't even been defined yet, keep it under $100.

The National Retail Federation predicts Americans will spend $25.8 billion in 2024, with 14.2 billion spent on their significant others. On average customers are expected to spend $185, $8 more than the average spend over the last five years.

Consumers expect to spend $185.81 each on average, nearly $8 more than the average Valentine's Day spending over the last five years. Last year, consumers used Valentine's Day to celebrate all the special relationships in their lives – from pets to friends and co-workers – and their spending reflected that.

Valentine's Day spending

Couples expect to spend an average of $136, with men planning to shell out slightly more ($163) than women ($107). On average, Millennials expect to spend the most at $145 and Boomers the least at $96.

We're expected to set new spending records for spending in several categories, with folks shelling out about $6.4 billion for jewelry, $4.9 billion for an evening out, $3 billion for clothing and $2.6 billion for flowers.

Valentine's Day roses have become a billion-dollar industry in the US, with Americans spending approximately $3 billion annually.

Overall, the Valentine's Day season represents about $4 billion in confectionery sales each year.

Beyond The Classic Heart-Shaped Bouquet And Chocolates

While flowers, candy and greeting cards still top the list of main gifts, younger generations are shifting the way Valentine's Day is being celebrated, looking beyond traditional gifts.

Flower companies profit enormously. Throughout the year, Americans purchase flowers for occasions including Mother's Day, Easter and New Year's Day. For Valentine's Day, Americans go big — and in 2024, they're expected to spend $2.6 billion on flowers and floral arrangements.

Who should pay for Valentines Day? ›

Who do you think should pay? Over 70% of Americans believe the man should pay on the first date. 68% of women expect their male dates to pay, while 78% of men feel responsible for the cost. The person who extends the invitation for a date should pay the tab and tip.

The largest bulk of household Valentine's Day spending is still going to significant others or spouses. Households are expected to spend an average of $100.25 on significant others or spouses, over three times as much as their other family members, who they're expected to spend an average of $30.51 on.

Diamonds seem to be a great option when you are aiming for the most expensive present. The Chopard 201 Carat watch will costs you a shocking €20 million. But it's not just an ordinary watch. The model is decorated with 874 diamonds in very unusual hues and special shapes, giving the watch a spectacular look.

On February 14, Americans will show their affection for family and friends with a gift or two. This display of love will not come cheap. The National Retail Federation (NRF) estimates that consumers will spend a record $25.8 billion, an average of $185.81 per person, on Valentine's Day in 2024.

It's the day of love – an amorous anniversary to show your loved one or love hopeful your true feelings by giving an affectionate gift – cards, chocolates, flowers and jewelry.

Who do you think should pay? Over 70% of Americans believe the man should pay on the first date. 68% of women expect their male dates to pay, while 78% of men feel responsible for the cost. The person who extends the invitation for a date should pay the tab and tip.

Although cards are usually given in combination with other gifts like flowers or chocolates, more than 52% of consumers will present their loved one with a Valentine's Day card.

No matter the speed of your relationship, the general rule of thumb is that if you are exclusively dating or have been together for more than a few weeks you are going to need to get her a gift this holiday season.