Florist Betty Sejas arranges red roses at Company Flowers in Arlington, Va. on Feb. 8, 2022.
Saul Loeb | AFP | Getty Images
Even Cupid isn’t immune to the sting of inflation this Valentine’s Day.
As consumer prices hit all-time highs, nearly all February 14 traps cost more in 2022.
The average price of a dozen roses, for example, jumped 22% from a year ago, according to data compiled by the personal finance site The balance. Assorted chocolates are up 9%, while candy sales overall reach new heights on the way to vacation.
Couples can also expect to pay top dollar for a table for two this February 14.
Restaurants, which have been under pressure since the very start of the pandemic, are charging more for meals to combat staffing issues and rising food prices.
The price of a good steak, in particular, has soared 154%, according to The Balance.
Learn more about Investing in You:
If you leave a job, here are some options for health insurance
Here are the best jobs in the US – and how to land them
This company just decided to give employees a permanent 4-day week
Imported champagne, which is already more expensive than other sparkling wines, fetched $53 a bottle, up about 18% from a year earlier, according to liquor delivery service Drizly. The average price of table wine, on the other hand, only increased by 2.5%.
Only gold prices stayed close to $1,800 an ounce due to other economic factors.
Total Valentine’s Day Spending is expected to hit $23.9 billion in 2022, the second-highest year on record, according to the National Retail Federation.