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How much do gifts for March 8 cost in 2024?

The analysts of LIC Freedom Life found out how much it would cost Kazakhstanis to celebrate International Women’s Day in 2024 during the study.
How much do gifts for March 8 cost in 2024?

Shortly before March 8, insurers conducted a social survey among men aged 25-60 years and learnt at what earnings they planned to give their beloved ladies the most expensive and most low-budget gifts for the holiday. It turns out, 46% of respondents earn from 200 to 500 thousand tenge/month, 19% - from 600 to 900 thousand tenge/month, 16% - from 1 million to 1.5 million tenge/month, 7% of respondents earn from 1.5-3 million tenge/month, 3% - from 3 million or more/month, 9% - did not disclose their earnings.

 

The majority (87%) responded that they could afford to buy flowers, sweets, cosmetics or accessories for the women they love, as well as pay for a romantic dinner, spa certificate or other holiday services not exceeding the cost of 100 thousand tenge. 12% say that in addition to flowers, they consider gadgets (smartphones, laptops) and household appliances worth up to 1.5 million tenge as gifts. 7% of men plan to give their loved ones jewelry or clothing from famous brands worth 50-500 thousand tenge.

 

There also are those during the survey who have given a trip to another country as a gift, or are planning to do so this year (9% of the total number of respondents). According to respondents, a week-long vacation for two in early March cost an average of 400–700 thousand tenge a few years ago, (depending on the country and the hotel star-rating). In 2024, vacations range from 600 thousand to 2 million tenge. The tour price usually includes air tickets, accommodation, meals and compulsory insurance.

 

If people plan a trip on their own, without a travel company, then everything is paid separately, including flights, transfers and accommodation. A voluntary insurance policy for tourists traveling abroad is also issued separately online. It covers emergency medical care, emergency dental services, medical transportation, transportation costs (if necessary) of third parties. As to coverage, for example, the payout amount under the Freedom Travel program can range from 10 to 100 thousand euros in case of an insured event, depending on the chosen conditions and the country of residence.

 

According to the insurer's database as of 2024, the most popular destinations are Thailand (9% of policies issued under the Freedom Travel program), Vietnam (8.7%), Egypt (8.4%) and the Maldives (7.3%). Less popular are European countries (6%), UAE (5.8%), Sri Lanka (5.6%) and India (4.9%).

Based on data from open sources, the specialists of LIC Freedom Life determined the cost of the most common gifts for March 8 in 2024 in general.

 

How much do gifts for March 8 cost in 2024?

Gift

Average cost in 2024, tenge

Sweets (cake, pastries, candies, chocolate)

5,000 – 15,000

Flowers

15,000 – 25,000

Perfumes/cosmetics

10,000 – 30,000

Jewelry

10,000 – 40,000

Spa service

25,000 – 45,000

Romantic dinner

30,000 – 65,000

Accessories for gadgets (headphones, smart watches, etc.)

40,000 – 130,000

Clothing, shoes and accessories of famous brands (Nike, Calvin Klein, Michael Kors, etc.)

80,000 – 150,000

Consumer electronics (Dyson, Tefal and other)

35,000 – 300,000

Jewelry (earrings, rings, chains)

80,000 – 400,000

Gadgets (notebook, smartphone)

120,000 – 600,000

Vacation abroad for two (7 days)

600,000 – 2,000,000

Data are from open sources

Executed by LIC Freedom Life

 

It should be noted that these figures are general guidelines and each adult may have their own expenses and budget limitations, depending on factors such as age, place of residence, family tenets and habits, standard of living and income.

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