NEW YORK (TheStreet) -- Unless you are living under a rock, the threat of higher prices during the back-to-school season has been a looming dark cloud.
Families can expect to spend up to 25% more this year on school supplies and extracurricular activities, according to the 2011 Huntington Backpack Index conducted by Huntington Bank. This is, by far, the largest annual increase in the index in its six-year history.
Huntington surveyed national chain stores and found that parents of elementary students can expect to pay an average of $530 this year to cover the list of supplies and school fees, an increase of 12% from $474 last year.
For students in middle school, costs will surge 25% to $682 and expenses for high school students will jump 9% to $1,094 on average.
These price hikes aren't slipping by unnoticed. While 86% of households surveyed by Deloitte said they expect to spend more on back-to-school merchandise this year, nearly 30% also said prices are higher than last year.
Some of the biggest price increases, of course, are taking place in apparel as retailers attempt to offset lofty cotton prices earlier in the year.
From January until May, the NPD Group noted that average prices in the apparel market rose more than 5%.
But exactly how will this translate to your wallet? Here's a look at what items you will have to pay more for this back-to-school season: