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?