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You can take a few steps to prolong the life of your holiday lights. Make sure to replace burnt-out bulbs as quickly as possible to avoid overloading the rest of the circuit and knocking out more lights. Before packing them up each year, plug each strand into the wall to confirm everything is still working. Wrap the lights carefully back into their original packaging or something similar—winding a strand tightly together or leaving it to hang loose in a storage bin can lead to frayed or damaged wiring. 

First of all, don’t shop for bargain lights—often, you’ll end up with a faulty or broken strand, full of dead bulbs or less-than-luminous brightness. Choose quality lights that will last you many years—LED lights have been known to last as long as 100,000 hours. Second, plan ahead and purchase lights for next year’s Christmas during this year’s post-holiday sales. Finally, have a vision and a plan—if you know the measurements of your home, including any windows, doors, and outside bushes you wish to light up, you should be able to only purchase the necessary lights and not more than you need.

It’s not a good idea to mix LED and incandescent Christmas lights if you can avoid it. LEDs and incandescents can have significantly different electrical current needs. This difference can lead to a higher risk of problems and failure for both light strands. When possible, switch all your lights over to one kind or the other for the best results. Do not connect the different types of light strings to each other, and avoid linking them to the same circuit. 

Outdoor Christmas lights cost between $80 to $300 on average without installation. This comes out to about $4 to $50 per strand. You can get a box of outdoor Christmas lights for as little as $20, if you just want to decorate a small area, like a doorway. If you want to go all out and cover your entire home, you'll need between 10 to 20 strands of 100 to 200 bulbs each.