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There is no accepted dollar threshold level that defines a big ticket item. It depends on the buyer and his or her level of wealth or income. Someone earning $200,000 per year may not consider a $1,000 video game console a big ticket item, but a consumer who earns $50,000 a year would most likely. A big ticket item need not necessarily be a luxury product or one purchased with discretionary income, since many products that typically fall within this category — for example, refrigerators and washing machines — are considered necessities rather than luxury items. The number of big ticket item or durable good sales can be an indicator of the performance of the economy and consumer confidence.
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