The chances are that you have already spent a small fortune on Christmas.

Buying presents is just a small part of the big festive spend, with money also spent on socialising (let's be honest, mostly drinking), food for the big day and decorations - not least the all-important tree.

Each year it feels like we’ve has blown a bigger hole in our pocket than the year before... but is this true?

A new Cost of Christmas Past website allows Britons to compare the cost of their Christmas with decades gone by.

It looks at the cost of Christmas trees, a Christmas dinner and a lump of coal, as well as what the best-selling present was for each year since 1968 in order to see how much Christmas would have cost then.

Launched by home interior specialists Hillarys, it aims to take Britons on a nostalgic journey as they compare how much Christmas cost for their parents and their grandparents, with what it currently costs the average British family.

Christmas doesn't come cheap

Cost of Christmas Past also reveals which years have been the most and least expensive for Christmas.

For example, the best-selling toy in 1977 was POG at just 88p each, while in 2005 it was an Xbox 360, setting parents back £415.61.

It also reveals the price of the Christmas tree has changed drastically too. In 1975 a tree would have cost families £208 in today’s money, whereas this year is the best year to purchase a tree, as they’re being retailed as low as £19.99.

Tanya Irons, from Hillarys, said: “Christmas marks the time of year when we go all out; we want to have the best decorations, the best tree and provide the best feast for our loved ones.

“It’s interesting to see just how much costs have changed over the years, and try to predict how much we might all be spending in the years to come!”

To view the website and compare costs from over the years, click here.

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