Maybe $100 each if that.....we try not to focus on presents. There's enough toys already. We try to keep it simple and may even do the 4 things simple Christmas: something they want, something they need, something to wear, and something to read. Or more experiences than things.
I want to do a December advent calendar where we have a Christmasy or winter activity for each day- volunteering, making ornaments, making cookies, making a pizza shaped like a snowman, watching a holiday movie, walking around to see lights, Candlelight service, caroling, etc....