Christmas is around the corner, and 'tis the season for lots of expenses. From the tree and decorations, to wrapping paper, and foods like eggnog, cookies, and ham, costs can add up quick during the holidays. According to Investopedia's analysis, Christmas decorations, food, and firewood were the priciest items on our list. Here's how much you can expect to spend this holiday season.

Eggnog, Cookies, and Ham Are Pricier Than Last Year

Some of your favorite Christmas foods are going to cost more this year. Eggnog had the biggest price increase, rising over 24% since last year, and is priced at an average $5.37 per half gallon. Spiral ham is 6.8% more expensive than last year, at $3.13 on average per pound. If you're going to leave cookies out for Santa, chocolate chip cookies average about $5.04 per pound, which is 2.1% pricier than last year.

Holiday Decor: Trees, Lights, Ornaments, and More

The most expensive decor item on our list was the Christmas tree, at an average of about $87 for a real tree. Lights could cost you an average of $13 for 100-count string lights, and tree ornaments could run you about $14.68 for a 24-count package. Poinsettia prices are down just over 10% since last year and will cost about $7.11 for a six-inch pot, so you might want to consider those in your decor to save costs. For your presents, wrapping paper will cost about $20 on average for 120 square feet, which is about three to four rolls. If you plan on cozying up by the fire, firewood may cost you about $49.05 for 10 pounds.

While some of these holiday staples are more expensive than last year, inflation continued to cool in November, bringing a bit of relief in household costs, and a sign that prices may be stabilizing.

Methodology

Christmas tree cost data was sourced from the National Christmas Tree Association via . Milk, ham, eggnog, and poinsettia cost data was sourced from weekly . Chocolate chip cookie cost data was sourced from the Bureau of Labor Statistics Average Price Data. Christmas lights, ornaments, firewood, and wrapping paper cost was sourced from non-sponsored results on the first page from Amazon.