Robert Pattinson is reportedly planning a $40,000 - $60,000 Halloween party for his co-stars of 'The Twilight Saga: Breaking Dawn,' which is being filmed in Louisiana.

"Rob's organizing a huge soiree to celebrate Halloween. He thinks it is going to be hilarious for them all to dress up in scary costumes," a source told the Daily Star newspaper.

"The crew are huge fans of Rob and are really looking forward to it. Rob knows how much they all love Halloween so has really gone to town.

"He's asked a couple of costume designers he knows to make special ghoul costumes for his guests."

The 24-year-old actor is rumored to be dressing up as Dracula for the bash.