Christmas Price Index Through the Years

The good old days – when a gallon of gas was only $1.13 and a performance by 10 leaping lords could be purchased for just more than $2,900. The year was 1984 and those Lords-a-Leaping, along with the other 11 gifts from the popular holiday carol, “The Twelve Days of Christmas,” were making their debut in the inaugural PNC Christmas Price Index (CPI).

Dating back to the late 1700s, the carol’s early verses deviate very little from the version of the song known today. Though one factor has changed dramatically: the price tag for True Love’s annual holiday shopping binge.

For 40 years, PNC Bank h...


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