We are just days away now from
Valentine’s Day, and this weekend, you may be out buying gifts, going to dinner
and planning everything. In this week's Deep Dive, News 12's Kristie
Reeter breaks down what the staple holiday items are costing.
In
a News 12 poll, New Jersey residents were asked: How do you plan to celebrate? A
majority of people said they are not celebrating.
“Well, the people of New Jersey know that money can't buy you
love, that is something you have to make at home,” says Caleb Silver, with
Investopedia. “But if you are going to go out this Valentine's Day you are
probably going to spend more. Spending is expected to increase to $23.9 billion
across the country. That is up from $21.8 billion last year. About $175 per
person. If you are going all out and if you are, you are going to pay more.
Let's just start with beef prices, if you are going out for a steak dinner, we
know that beef prices are up more than 50% across the country but if you are
going premium filet mignon up 62.5%, a dozen roses up 54.3%, diamonds up 14.9%,
and a box of chocolates up 9%. How about some wine or some champagne? Those
prices are up 2.5%."
Are there any items that are staying the same in cost or any
deals?
"Deals are hard to come by but gold and silver prices if you
are going jewelry those have come down quite a bit, they are about flat from
last year,” says Silver.