The price of a typical basket of back-to-school supplies has risen 5.45% from 2022 – 2023, according to new data from ecommerce accelerator, Pattern. Learn more
Parents shopping for back-to-school supplies for their children may want to devote some time to deal-hunting this year. According to new data from ecommerce accelerator, Pattern, the price of a typical basket of back-to-school goods has risen by 5.45% over the last year.
Why it matters: The U.S. Bureau of Labor Statistics most recently reported that inflation rose 4.8% for major categories of goods during the last year. When it comes to back-to-school supplies, however, consumers may be looking at inflation in excess of 4.8% for many popular items.
What we’re seeing: We analyzed the cost of a typical basket of goods containing all the back-to-school essentials for a family with four children (two teens, two grade school children) for every day of 2022 and 2023 so far to see how inflation has impacted pricing. Here’s what we found:
Unlike back-to-school supplies, clothing for children and teens has remained largely unaffected by inflation, seeing price changes well below the 4.8% mark. Here’s how inflation has affected the cost of back-to-school clothing for children and teens year over year:
The takeaway: Parents may take a harder hit at the checkout line this year when paying for their children’s back-to-school supplies, depending on what they buy. By taking advantage of available deals and looking for items that have experienced inflation reversal, consumers may be able to avoid the sting of inflation with careful planning.