Men will spend $230, while women expect on average $196. Both men and women who are in relationships expect an average of $240 will be spent on them.
Fewer people are celebrating Valentine’s Day this year by buying gifts. According to the National Retail Federation’s new survey, respondents will celebrate the holiday by spending an average of under $134, similar to last year.
But the number of people planning to celebrate it this year has fallen: 54 percent compared to 60 percent last year. RetailMeNot finds that almost 20 percent of people do not plan to spend anything on their significant other for Valentine’s Day.
By Lee Shin-young, Intern reporter (email@example.com)