FILE - Shoppers look for school supplies at a store, Wednesday, July 27, 2022, in South Miami, Fla. ason.
"You are going to be pleasantly surprised to see that notebooks, pencils, pens, shoes, and clothes are less expensive than they were in the past," Spendlove said. He explained that during periods of inflation, prices for goods tend to rise and fall first, with service prices following suit. On average nationally, parents of K-12 students are expected to spend about $900 per child on back-to-school items, while college students may incur costs around $1,400.
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