BETWEEN FOOD, DRINK, presents and decorations, December is set to be an expensive month for a lot of households.

A new report from Ibec has found that households will spend an average of €2,587 this December, about €720 more than any other month of the year.

This is up €26 from last year, according to the report.

Competition between retailers is keeping prices low, while disposable income is up on average across the country – contributing to the expected rise in spending this year.

So, what about you: How much money will your household spend this Christmas?

Poll Results:

< €1,000 (5022)

1,000-€2,000 (3385)

€2,000-€3,000 (1209)

€3,000+ (856)

1,000-€2,000
€2,000-€3,000
€3,000+

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Poll: How much money will your household spend this Christmas?

Poll Results:

Making a difference

A mix of advertising and supporting contributions helps keep paywalls away from valuable information like this article. Over 5,000 readers like you have already stepped up and support us with a monthly payment or a once-off donation.