If you think your Christmas bill is getting a little high this year, spare a thought for Santa. In real life it would cost Santa $75.3 billion (NZD) to run his workshop each year. That’s the figure that True Luxury Travel has come up with after some festive number crunching.
In their calculations of how much it would cost to provide presents for the world’s children, here’s what they took into account. (All figures are in New Zealand dollars).
- Approximately 900,000,000 children around the world celebrate Christmas (that’s 45% of the world)
- Children receive, on average, 16 presents each (don’t let my kids see that!)
- The estimated production cost of one toy was $4.26
- Therefore, toy production would cost $61.34 billion
- It has been estimated that Santa would need 132,000 elves to make the toys (yes, people have calculated this stuff)
- The average cost of an employee in Lapland, including wages and benefits is $89,928 (anyone else keen to work in Lapland?)
- That brings the total wages bill to $11.87 billion
- Those with high IQs and lots of time on their hands have worked out that in order to produce all those presents and house the elves would require a space around 5.7 million square metres. For comparison, that’s around 570 rugby pitches!
- Using the cost of energy in Finland, that gives an annual energy bill of $141 million
Bed and breakfast
- Assuming Santa is renting his massive workshop and elf accommodation, the annual rent for his workshop would be $1.76 billion (or in Auckland, about a gazillion dollars)
- The annual grocery bill would come to $282 million to feed the elves
- Not forgetting eight other important members of the team – looking after Santa’s reindeer would cost $46,000
Other factors included in the calculations were property insurance, internet, sleigh maintenance, and suit drycleaning (cos Santa’s got to get that chimney soot out somehow).
Do you have any Christmas budgeting tips for families? Share them in the comments below.
This article was written by Julie Scanlon, Editor for Kidspot NZ. Sources include https://www.trueluxury.travel/travel/santa-workshop-cost.
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