What is a good budget for buying gifts for parents during the holidays?

It really depends on how old you are, how much money you make and I what kind of gifts your parents like (if they like expensive gifts or not). For me personally since I'm fairly young and don't have much of an income, my budget (for both of my parents) would be around $50 to maybe $100.

Because I haven't gotten a job yet and I am still fairly young and make money by babysitting cats, kids, and dogs ... I usually go with $20-$100. If you have a job and have money set aside for gifts I would go with $50-$110.

Also, if you are looking for a higher quality gift, it will be more expensive.