To help you estimate the cost of each festive item, we've gathered popular gifts and average prices from Germany, Italy, and Spain. This will assist you in making well-informed choices and ensuring your gifts are both thoughtful and budget-conscious.
There are some shared gifting themes across the three countries, but also some differences in the top categories chosen as gifts by people across Europe.Germans have a preference for Food & Wine, Clothing and Books as gifts.* Gifts in these categories range between €5 and €60, with Clothing as the priciest gifting category.In comparison, Italians prefer Food & Wine, Toys and Beauty Products**, with similar price ranges.Spaniards prefer Perfumes, Clothing and Toys as gifts.*** where prices start at €9 and can go as high as €80, with Toys being the priciest. Given that prices can start as low as €5 and potentially soar beyond €80, our N26 Festive Budget Calculator is an essential tool to help you plan and manage your holiday expenditures effectively.
Food, décor and wrapping costs
Gift-giving is a joyous occasion, but remember to factor in the additional costs associated with it. Wrapping paper and cards can add around €7 to your total, according to data from Germany, Italy, and Spain. Beyond gifts, setting up for the festive season — including trees, lights, decorations, food, and drinks—also contributes to the overall holiday spirit, as well as the budget.