This is the best day to buy a Christmas tree

Want a Christmas tree on the cheap? Wait.

Christmas Eve is the cheapest time to buy a tree with an average price of just $47, according to a study from payments company Square SQ, +0.24% and the National Christmas Tree Association.

The most expensive time to buy a tree was Cyber Monday, when prices increase to an average of $81. Black Friday wasn’t far behind at $77 on average.

It may not suit everyone to wait until the last minute to buy a tree, but Yuletide revelers can save roughly 22% by waiting until the week before Christmas to purchase their trees.

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