Lifestyle

with author Sarah Shewey

is $25,000 really the average cost of a wedding?

 

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photo credit: Salim Fadhley

If you were to head over to costofwedding.com, you would be informed that the average cost of a wedding is approximately $25,000. The expenses included in this cost pretty much covers everything but the honeymoon - from the engagement ring all the way to the getaway car. The Knot reported a similar number as well, and even revealed that a New York couple will spend above $60,000 on average. That's right. 60 Gs.

Is this for real?! Oh yes, my friend. The Wedding Report, who powers the data for costofwedding.com, surveyed over 10,000 couples (not vendors) on how much they spent. So this data is good. But the interpretation? That’s where things get fuzzy.

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Data courtesy of Shane McMurray, CEO The Wedding Report

You see, the thing is... there are really rich people out there in the world who get married. Speaking of which, we’d like to take a small pause and congratulate Marisa Tomei, Olivia Wilde, Kelly Clarkson, Jennifer Aniston, Sofia Vergara, and Beth Ditto on their recent engagements!! And when you’re factoring in 6- or 7-figure wedding budgets, the average American couple’s wedding costs gets inflated.

Check this out: We were lucky to give you access to insider data from The Wedding Report, which reveals that 38% of all US weddings are actually spending less than $10,000 on their big day. In fact, more than 66% of all US weddings are spending less than the reported average of $25,000.

What this means is that YES - the average cost of a wedding is likely somewhere in the $20,000 range, thanks to the millionaires in America.  But is a $25,000 wedding budget the majority? No, absolutely not.

So brides, be proud of your wedding budget! Answer our Friends of Ricki poll and tell us how much you spent on your wedding.

 

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