The simplest way to save on a Halloween costume this year

This year, Americans are estimated to spend more than a whopping $1B on Halloween.

Between candy, decorations and party goods, it's no wonder that families can end up spending hundreds of dollars all for one night of trick-or-treating.

SEE ALSO: Best-selling pet costumes of 2016

Among these costs is perhaps one of the biggest expenses of all -- Costumes.

Whether you have one kid, five or are simply buying a costume for yourself, it's no secret that the accessories, clothing items and other miscellaneous props involved in pulling together the perfect outfit or costume can break the bank before you know it.

Luckily, there are ways you and your family can rock the best Halloween costumes without worrying about draining your spending money.

The biggest tip? Start by looking online rather than in person -- And we don't mean shopping on the websites of popular costumes stores.

Easy accessories that make an instant Halloween costume:

Accessories that make an instant Halloween costume
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Accessories that make an instant Halloween costume

Women's Witch Hat, Costume SuperCenter, $19.99

Looking to spend a little less money? We've got you covered!

Christmas Elf Hat, Costume SuperCenter, $2.99
Jester Hat, Wholesale Halloween Costumes, $6.02
Pikachu Hood, Party City, $9.99
Stitch Kitty Ears Headband, Costume SuperCenter, $6.99
Soft Touch Reindeer Antlers, Wholesale Halloween Costumes, $2.90

Sequin Minnie Mouse Headband, Spirit Halloween, $9.99

Want to be Mickey instead? Here you go (gloves included)!

Suicide Squad's Harley Quinn Wig, Wholesale Halloween Costumes, $22.90
Adult Bumblebee Wings, Party City, $16.99
Adult Ladybug Wings, Party City, $16.99

Craigslist is always an option, as it's well known and is bound to have tons of listings around Halloween time.

A lesser known option is, an online consignment shop that features a separate Halloween costume section.

If particular websites aren't turning up the results you want, social media is also a solid option.

Browse Facebook for local groups in your city or county that buy and sell used and new items -- Costumes are bound to be in the forefront during the month of October.

Of course, you can always check out local sales and thrift shops in person but your options might be much more limited.

Making costumes yourself from items you already have is also a great idea -- You'd be shocked at what you can pull together using an old T-shirt with a little felt and glue.

The bottom line for saving big on costumes this Halloween? Don't be afraid to get thrifty!

Odds are you'll probably only wear the costume once or twice in your life, which makes it a not-so-great investment if purchasing it will bend your budget.

But a cute costume that will still last you multiple uses for a much cheaper price? That's no trick -- that's quite the treat!

Why stop at your costume? Here's how to also save on Halloween candy:

Tips for saving on Halloween candy
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Tips for saving on Halloween candy
Buy the cheapest in bulk.

Old-school candy favorites like Tootsie Rolls, Dum Dums and SweeTarts are some of the cheapest types of candy you can buy for a crowd. A one-pound bag of Dum Dums costs $6.32 from Jet, while a 300-count box of SweeTarts will run you $17.99 via

Most trick-or-treaters won’t remember what type of candy you gave out — unless it was something unusual or a full-size bar — so, if you’re on a tight budget, don’t be afraid to cut back your Halloween budget by handing out these affordable all-time favorites.

(Mitch Diamond via Getty Images)

Take advantage of ‘buy 1, get 1’ deals.

Many grocery stores run “buy one, get one free” specials each week, some of which include bags of fun-size candy or miniature chocolates. Stock up on these items if you want to hand out higher-quality candy this season. If you can find some manufacturer coupons for those items, even better. Most stores will honor the coupon on top of the sale price, allowing you to save even more.

(Dorling Kindersley via Getty Images)

Repurpose and recycle.

If your kids are heading out early on their trick-or-treating rounds, you might be able to repurpose some of their less-desirable treats later in the night.

Brent Shelton, online shopping and consumer expert at FatWallet, said, “Send your kids out to other communities that hold trick-or-treat times before your own community’s time, grab the candy your kids do not like and hand that out for your own trick-or-treat guests.”

(jenifoto via Getty Images)

Trade out candy for popcorn.

Break out the party popcorn machine or popcorn maker and outfit it with cutouts, streamers and other Halloween party decorations, so you have it ready to go near the door for your trick-or-treaters. You can buy empty Halloween-themed paper bags from a party goods store and hand out festive bags of popcorn instead of candy this year.

Shelton suggested making different batches with various flavorings to offer the kids. “Have an alternative flavor for meat-eater adults cooked in bacon grease,” said Shelton.

Make the most of store loyalty programs.

If your supermarket or favorite big-box store offers any type of rewards or loyalty program that gives out custom coupons based on past purchases, be sure to collect these as you shop, so you don’t miss out on a great deal. Some stores will even offer a discount on all candy purchases made within a given week or a bigger discount on certain bags of candy.

Up Next: 7 Surprising Ways Money Affects Your Love Life

Offer baked treats instead of candy.

If you love to bake, consider whipping up a batch of Halloween-themed sugar cookies, brownies or mini cupcakes that you can bag up and offer trick-or-treaters. Sugar cookies are among the cheapest things you can bake. According to Consume This First, baking a dozen from scratch costs just $1.64.

You can prepare the dough well ahead of time and freeze it so all you have to do is bake your cookies on Halloween or the day before. Keep an eye out for grocery store deals on baking ingredients during the fall for even more great savings.

(MAIKA 777 via Getty Images)


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