You Can Buy a $1,000 Christmas Tree in New York City

December 5, 2016, 10:39 PM UTC
Sydneysiders Prepare For Holidays With Visit To Christmas Tree Farm
A family search for their tree at Triple A Christmas Tree Farm in Luddenham on December 3, 2016 in Sydney, Australia.
Mark Kolbe—Getty Images

Christmas tree prices in New York City have reached a staggering high of $1,000, amid hiked up tree prices this year due to drought-caused tree shortages.

Heather Neville, who sells Christmas trees in New York’s Greenwich Village, told the New York Post on Sunday that her tallest tree costs about $77 per foot. Neville said the particular tree is priced so high because they are “harder to get.”

“This 13-foot-tree—a beautiful fir—is $750, and with delivery, installation with a stand and tip would be $1,000,” she said.

Thus far, the most expensive tree Neville has sold is a 13-foot Nordmann fir for $500. She said tree prices could top $1,000, pointing out a 15-foot one that could go for $1,200, including the delivery and set up.

The tree price alone far outstrips the average amount of money spent over the holiday season. Most consumers plan to spend an average of $935.58, according to the National Retail Federation.

 

Subscribe to Well Adjusted, our newsletter full of simple strategies to work smarter and live better, from the Fortune Well team. Sign up today.

Read More

Great ResignationInflationSupply ChainsLeadership