BobMan wrote:

The Santa suit I got from my Christmas Stocking is level 32 (I am only 30, so I cannot wear it yet)

The suit is a rank 32 item, it doesn't mean that you have to be lvl 32 to wear it (otherwise there would be a "obtained at: 32"-tag added to the item discription. It goes in the "special" equipement slot, my lvl 5 char is wearing al the gear at the moment.