ROCK ISLAND, Ill. — Quad Cities schools are getting ready to start back up again, and according to the National Retail Federation (NRF), families are expected to spend record amounts on back-to-school and college supplies this year.
The NRF says in 2023, families are expected to spend more than $40 billion dollars on back-to-school and college shopping, a new record for our nation. People plan to spend on average, nearly $900 on back-to-school supplies, while for college students and their families, that number is over $1,000.
Families plan to spend on average nearly $900 on back-to-school supplies, while families with college students are spending over $1,000.
For school, the NRF says the most money has been spent on electronics and clothing, and for college, electronics, as well as furniture for dorms and apartments.
The NRF goes on to say most students have spent money on electronics and clothing, college students also buying furniture for dorms and apartments.
If you're struggling to find room in your budget there are some ways you can save according to Consumer Reports:
- Compare prices at multiple stores
- Take your time shopping
- Consider buying refurbished electronics
- Take advantage of Iowa's sales tax holiday this weekend
Experts also say it never hurts to keep an eye on a deal after you're done shopping for school supplies, as you may be able to get some of your money back. You can also reach out to your child's school for help with school supplies as well as organizations like The Salvation Army and United Way.
The NRF says the increaser in expected spending is mainly driven by the higher demand for electronics.
Start dates for Quad Cities school districts:
Moline Coal Valley: Friday, August 25
Rock Island-Milan: Thursday, August 3
Davenport Community Schools: Wednesday, August 23
Bettendorf Community Schools: Wednesday, August 23
Pleasant Valley Community Schools: Wednesday, August 23