The vacation time of year can be magical , joyous , gay … and expensive . Very , very expensive . And if you think mere soul have a hard metre keep up with the nutrient shopping , giving - giving and otherwise high up - priced fun , conceive of howSanta Clausfeels . Well , British company , True Luxury Travel , did just that , putting themselves in the horseshoe of jolly ol' St. Nick , and plot out his accurate X - mas budget .

Unsurprisingly , St. Nick has to drop a net ton of dough to keep his shop moving at top speed . And while Christmas certainly is n’t celebrated by everyone , consumers tend to expend alotduring this time of year , whether they ’re observing a religious holiday or simply celebrate the time of year . According to aGallup report , Americans will average $ 886 on gifts this year — and that scarce accounts for the prison term and effort necessary to produce , package and ship those gifts all over the macrocosm .

While some may believe all that magic happens through manufactory and shipping agencies , others know the real magic happens in the North Pole . Here ’s what Santa could be spending to fulfill all those dreams of a White Christmas :

Santa’s workshop

AsTrue Luxury Travel orient out , there are approximately 2 billion youngster in the world ( 2.2 billion allot to UNICEF ) . And becausea middling figure of non - Christiansare cognise to celebrate Christmas , that means approximately45 percentof the humans ’s population commemorates the Clarence Day . That supply up to about 900 million kids acquire gift … and not just one plaything each , bear in mind you .

Research indicatesmost kids receive at least 16 gifts apiece , so that signify Santa ’s shop is churning out approximately 14.4 billion toys ! dead on target Luxuryalso citesthe toll of product for one credit card plaything at 2.52 euros , meaning the full product cost of 14.4 billion toys would amount to 36.6 billion euro — or about$41.6 billion ! That ’s a boatload of cash spent on kiddie nowadays .

But that just covers the cost of the talent themselves ( assume kid are being gifted toys and toys only , which any kid will tell you is not the case — see : every unwantedugly sweaterand fruitcake ever ) .

Santa ’s good , but he ’s not a one - human beings show . straight Luxury Travel estimatesthat the big guy in the reddened suit would require around 132,000 elves to do all the humble childbed in his shop . Acompelling argument heretakes a number of factors into account , including hours in an elf working day and toymaking rate in toys per hour and put the numeral of elves nigher to 85,800 , but that ’s only if nipper are getting one toy ( again , see above ) .

So , if we don kids are likely receive more than one toy dog each Christmas , Santa probably employ 132,000 pixy — it ’s penny-pinching to the verity anyway ( well , as " true " as any of this can be ) . The Union lower limit earnings in the U.S. is $ 7.25 per hour . If all those brownie are work year - round to insure the gifts go out in time for Christmas , that ’s $ 15,080 per class , per elf ( assuming each elf ferment 40 hours a workweek ) . For anarmy of ELF , that ’s about$1.9 billiona class . Who eff Santa was such a power ?

Clearly , Santa ’s shop is located a little north of the U.S. , but for simplicity ’s sake , let ’s take on he ’s pay up for flatulence and electricity in American dollars . The North Pole chill is no jocularity , so if the clause have to ignite and light their massive workshop ( estimated to beabout 1.2 million hearty feet[111,483 solid meters ] ) , they could be shelling out $ 1.34 per straight infantry on electricity and 18 cents per square infantry on natural gas . That amounts to another $ 1.6 billion on electrical energy and $ 2.2 million on gas , so another$1.8 billiontotal . Phew .

Clearly Santa and his gang will be paying for housing costs as well . True Luxury Travel accept a aspect at economic rent toll in Finland where Santa ’s likely to call home fundament . Based on the size of his massive shop , monthly rent would work out to around $ 98,500 , or$1.2 million per year . reasonably mild when you suppose of U.S. trapping prices , honestly .

And let ’s not forget thosereindeer . dead on target Luxury Travel relies on the estimated cost of own a horse to calculate the price of caring for Greenland caribou . Theaverage price of keep a horsein the U.S. is $ 3,876 per year . For all eight reindeer , we ’re talking$31,008a year .

And finally , if we assumeSanta ’s sleighis as expensive to maintain as a luxury railway car , then he ’s husk out at least$1,780 a yearto keep things running smoothly .

lofty total : Well over$45.3 billion ! Slay , Santa , slay .