Survey: Expect Higher Back-to-School Prices
Huntington Backpack Index says parents will pay as much as 6 percent more for supplies for students in kindergarten through twelfth grade this year.
Back-to-school costs for students in kindergarten through twelfth grade are expected to increase by as much as 6 percent this year, according to the 2012 Huntington Backpack Index released Wednesday by Huntington Bank. The annual survey cited small hikes in the cost of common supplies, as well as significant instrument rental fee increases, as factors in the added burden on family budgets. The findings include the following: The index is based on school supply lists collected in the six states where Huntington Bank operates – Ohio, Michigan, Pennsylvania, Indiana, West Virginia and Kentucky – and the cost of those supplies at major online retailers such as Staples and OfficeMax. Huntington Bank offered the following tips to help …
