By Susan Hiland
The typical parent will spend about $600 on school supplies this year, according to savings.com.
The majority will be spent on clothing, an average of $142 per child.
Spending on school supplies is expected to hit a record $41.5 billion this year, according to a recent survey from the National Retail Federation and Prosper Insights & Analytics. That would mark an increase of 12 percent or $4.6 billion, from the $36.9 billion consumers spent last year.
It would also smash the previous high of $37.1 billion, set in 2021.
Source: School supplies will cost more for 2023-24 year | News | dailyrepublic.com