How Much does an Average Wedding Cost?
Have you ever thought about what the average cost of a wedding is? Spoiler: It’s not cheap!
The wedding industry is a growing one. It’s seeing an annual growth rate of 3.2%, while the whole industry is worth $72 billion and it employees well over a million people.
While an average wedding won’t cost nearly as much as some of the most expensive weddings ever, like the wedding between Prince Charles and Princess Diana that cost a whopping $110 million, it will still financially set back the newlyweds significantly.
Let’s dig into specific average costs of a wedding:
Just the clothes the bride and groom wear cost over $1500 on average. A wedding dress costs about $1350, while the groom spends just shy of $300 on his attire.
Add to that another $130 the bride spends on hair and makeup.
But those aren’t even the biggest costs. Most money is spent on:
- Venue – $12.000 on average;
- Wedding and engagement rings – $4000 on average;
- Photography and video – $2835 on average;
Weddings are by no means cheap, though it needs to be said that averages don’t tell the whole story. An average wedding in Idaho costs a ‘mere’ $16,159, while a wedding in Manhattan, New York is over five times as much – $86,916 on average. Country wide, the average is $27,698. For Utah there is a wide range, but costs generally come in around the national average or below.
Thanks to JJ Suspenders for allowing us to use the info-graphic. See exact average costs of a wedding and more info on JJ Suspenders website.
How does this compare to your wedding? Please leave a comment below and let us know.