Disney spending: Nearly 50% of parents with young children take on debt for theme park trip

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Many parents with young children under the age of 18 have taken on debt to take their family to a Disney theme park, according to new data from LendingTree.

Nearly 50% of parents with young children are going into debt after taking a trip to one of Disney's theme parks, according to a recent LendingTree report. LendingTree surveyed more than 2,000 consumers, 24% of which have gone into debt for the trip, a 33% increase from its 2022 findings. However, that figure jumped to 45% among parents with children younger than 18, according to the data. FOX Business reached out to Disney for comment.

Nasdaq estimated that the average Disney World ticket cost for a family of four for one day is just over $700. For five days, that number jumps to $2,572. Meanwhile, last fall, ticket prices at Disneyland in California increased nearly across the board, with the cost for a five-day ticket climbing nearly 16% to $480, FOX Business previously reported. The biggest factor in what broke the bank for so many consumers during their trip was the concessions, according to the data.

 

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