LOUISVILLE, Ky. -- (WHAS11) Americans are projected to spend a record $8 billion on costumes, decorations and candy this Halloween.
According to the National Retail Federation, that averages out to about $80 per person.
Halloween is a huge deal for kids, but it's becoming a bigger and bigger deal for adults each year as well. In fact, more than 70 percent of people over the age of 18 will get in on the spooky spirit this year.
"If you're trying to have a good time on Halloween and you want to do it on a budget, you can start with one of those very simple costumes and then buy a couple accessories. You might even find accessories around the house to go with it and you go out and you look like you spent $100," said Horner Novelty’s Chuck Mattingly.
Here are seven ways to save on costumes and candy from deals site lazo.com.
1. Buy bigger sizes
2. Skip deluxe versions
3. Comparison shopping
4. Buy last-minute
5. Focus on price-per-unit
6. Don't limit yourself to grocery store
7. Buy in bulk
Halloween is notoriously one of the most difficult holidays to be frugal, because great costumes are so often timely, but if you can buy next years costume on November first, you'll save a whole lot of cash.