Valentine's Day Spending Is Expected To Rise 8.5%

Romance doesn't come cheap — at least not on St. Valentine's Day.

A dozen red roses usually cost about $60, according to the Society of American Florists. But with Valentine's Day coming next week, most people will pay about $80, the trade group said.

And although restaurant prices don't change, people tend to eat at more upscale restaurants for those Valentine's dates. Romantic couples will spend an average of $146.52 on Valentine's dinner dates, according to restaurant ratings guide Zagat, compared with about $70 on a typical meal for two.

"On Valentine's Day, budgets go out the window," Zagat spokeswoman Tiffany Herklots said.

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