The Best White Elephant Gifts Under $20 2024. All of the ones on our list are under $50, which we'd say is the perfect budget for a white elephant. Ahead, you'll find everything from hand soap shaped like a cupcake to a.

If you’re headed to your first white elephant gift exchange, here’s a quick explainer on what’s about to happen. Ahead, you’ll find everything from hand soap shaped like a cupcake to a.