Highlights. Consumer spending on Valentine’s Day 2024 totaled $25.8 billion, down 0.39% year-over-year (YoY).
- The average American consumer budgeted $185.81 for Valentine’s Day 2024, down 3.63% YoY.
- Over 140 million Americans shop for Valentine’s Day.
- Shoppers spend the most on Valentine’s jewelry, budgeting a total of $6.4 billion in 2024.
- More consumers (57%) purchase candy than any other Valentine’s Day gift item.
- Among age groups, 35- to 44-year-olds spend the most for Valentine’s Day, budgeting $335.71 each in 2023.
2024 Valentine’s Day Shopping Statistics
While Valentine’s Day spending is down from its 2020 record high, shoppers spent a record amount on their significant others in 2024.
- Total spending for Valentine’s Day 2024 was 5.84% below the all-time high of $27.4 billion total spending on Valentine’s Day 2020.
- Consumers spent an estimated $25.8 billion on Valentine’s Day in 2024.
- Valentine’s Day spending on significant others totaled $14.2 billion, accounting for 55.0% of total spending.
- The average amount per person spent on significant others and family members totaled $135.92, $0.16 more than in 2023.
- $7.7 billion or 29.8% of 2024 Valentine’s Day spending was on gifts for friends, coworkers, pets, classmates, and teachers.
- The average amount spent on these gifts totaled $54.89 per person, down 11.5% from 2023.
- 40% of Valentine’s Day shoppers purchased online in 2024, up 21.2% YoY.
- 33% of 2024 Valentine’s Day shoppers visited department stores; 31% shopped at discount stores.
Valentine’s Day Spending Statistics
Consumer spending on Valentine’s Day 2023 totaled $25.8 billion, up 8.37% YoY.
- Individual Valentine’s Day spending in 2023 was up YoY but down 1.79% compared to the record high of $196.31 in 2020.
- The average American consumer budgeted $192.80 for Valentine’s Day 2023, up 9.91% YoY.
- 136.3 million or 52% of Americans shopped for Valentine’s Day in 2023, a 1.89% lower rate than in 2024.
- Shoppers budgeted a total of $5.5 billion for Valentine’s jewelry in 2023, spending 14.1% less than in 2024.
- From 2021 to 2022, total spending increased 9.63%, while the average budget increased 6.46%.
- Consumers budget a nationwide total of $4.9 billion on Valentine’s dinners out.
- The average dinner date for two costs $96 or 51.7% of the average Valentine’s Day budget.
- Pet owners spend a total of $1.5 billion on Valentine’s Day gifts for their pets.
- Americans spend up to $9.5 billion on Valentine’s Day gifts that are ultimately unwanted by their recipients.
Year | Average Budget | Total Spending (in billions) |
---|---|---|
2024 | $185.81 | $25.8 |
2023 | $192.80 | $25.9 |
2022 | $175.41 | $23.9 |
2021 | $164.76 | $21.8 |
2020 | $196.31 | $27.4 |
2019 | $161.96 | $20.7 |
2018 | $143.56 | $19.6 |
2017 | $136.57 | $18.2 |
2016 | $146.84 | $19.7 |
2015 | $142.31 | $18.9 |
Valentine’s Day Gift Spending Statistics
Candy is the most popular gift item with more than half of adults purchasing candy for someone else and nearly half purchasing candy for themselves.
- Included in the average consumer’s Valentine’s spending is $16.71 in flowers and $15.90 in candy.
- Shoppers each spent $45.75 on jewelry.
- In 2010, greeting cards were the most popular gift, with 55% of consumers shopping for them (17.0% more than the rate of consumers shopping for candy).
- Candy first overtook greeting cards as the most popular gift in 2015, with 53% of consumers shopping for candy and 51% shopping for greeting cards.
- Among Americans with romantic partners, 36% expect partners to spend at least $50 on their Valentine’s Day gift.
Valentine’s Day Candy Statistics
The most popular Valentine’s Day candies are conversation hearts and heart-shaped boxes of chocolates.
- Americans spent an estimated $2.2 billion on Valentine’s Day candy in 2022.
- During the week of Valentine’s Day, consumers purchase 58 million pounds of chocolate and candy.
- 10.3% of Valentine’s Day candy sales are conversation hearts.
- 10.1% of Valentine’s Day candy sales are heart-shaped boxes of chocolates.
- Tennessee is the only state where Wild Berry Skittles are among the top three (3) most popular or most-purchased Valentine’s Day candies.
- In Alabama, candy necklaces are the most-purchased Valentine’s Day candy.
Rank | Candy Types |
---|---|
1 | Conversation Hearts |
2 | Heart-Shaped Box of Chocolates |
3 | M&M’s |
4 | Hershey Kisses |
5 | Chocolate Roses |
6 | Chocolate Hearts |
7 | Cupid Corn |
8 | Candy Necklaces |
9 | Ghirardelli Gift Box |
10 | Cinnamon Bears |
Valentine’s Day Flower Statistics
There are more transactions for flowers on Valentine’s Day than on any other holiday.
- 22% of American adults purchase flowers for Valentine’s Day.
- 28% of men and 19% of women purchase flowers for Valentine’s Day.
- 83% of consumers who buy Valentine’s Day flowers purchase roses.
- In preparation for Valentine’s Day, florists stock approximately 250 million roses.
- Among consumers who purchase flowers and plants for Valentine’s Day, 27% buy live plants.
Valentine’s Day Gifting Statistics
Among Americans with romantic partners, 67% expect their partner to gift them something (from small, token gifts to large, extravagant gestures) for Valentine’s Day.
- 86% of Valentine’s Day celebrants purchased gifts for their spouse or significant other in 2024.
- 32% of celebrants gifted an evening out.
- Consumers each budgeted an average of $9.13 for colleagues in 2024.
- Parents budgeted an average of $12.02 for their children’s teachers and schoolmates.
- 47% of consumers plan to buy themselves a box of chocolates.
- 39% of Valentine’s candy and gifts go to children.
- 61% of men who purchase flowers gift them to a spouse.
- Women are most likely to give mothers Valentine’s Day flowers (28%).
- The average pet owner spends $31.24 on Valentine’s Day gifts for their dogs and $27.42 for cats.
- Adults buy 145 million Valentine’s greeting cards.
Valentine’s Day Shopper Demographics
Men spend almost twice as much as women for Valentine’s Day.
- 35- to 44-year-olds outspend all other age groups by 8.73% for Valentine’s Day gifts for their significant others.
- The average 35- to 44-year-old spent $137 on Valentine’s Day gifts for their partners in 2024, 34.5% more than the average American adult.
- Americans aged 65 years and older underspent all other age groups by 31.5% for their partners for Valentine’s Day 2024.
- The average American 65 years old and older budgeted $61 for their significant others in 2024, 40.1% less than for all age groups.
- The average man celebrating Valentine’s Day spent $235 in 2022, while the average woman spent $119 or 50.6% as much.
Valentine’s Day Shopping Statistics
Valentine’s Day is celebrated among 53% of U.S. adults, a 15.9% decline since 2009.
- 40% of consumers shop for Valentine’s greeting cards.
- 39% shop for flowers.
- 22% shop for jewelry.
- 40% of consumers shop online for Valentine’s Day gifts.
- 33% of consumers shop at department stores for Valentine’s Day gifts.
- 31% shop at discount stores for Valentine’s Day.
- 17% shop at florists.
- 16% shop at small local businesses.
Sources
- National Retail Federation, Valentine’s Day
- Statista, Valentine’s Day in the U.S.
- CandyStore.com, Most Popular Valentine’s Candy by State
- Hallmark Corporate, Valentine’s Day
- U.S. Census Bureau, National Population by Characteristics
- Society of American Florists, Valentine’s Day Floral Statistics
- Vested, Valentine’s Day Spending
- MoneyGeek, Can’t Buy Me Love