Tying the knot with the person you love is one of the most special and unforgettable days of our lives. It is a chance to celebrate your union with family members and friends. For most people, a wedding is a one-time affair and they go all-out to make it as special as possible.
When you take national averages, one thing that a wedding isn’t is cheap. So, what is the average cost of a wedding? In this blog post, we will answer that question and look at the factors that determine the total cost of a wedding.
What Is the Average Cost of a Wedding?
A wedding in the United States costs an average of $33,900. This figure includes all of the expenses related to a wedding, from the engagement ring to the ceremony and reception.
The average price paid for an engagement ring is $5,900 while the joint cost of the ceremony and reception is $28,000. This cost does not include the honeymoon, something which more than 70% of couples take after their marriage at an average cost of $5,000.
This is the typical wedding budget breakdown, but as we will see, there are a number of factors that will determine exact costs.
What Factors Determine Wedding Costs?
The first factor to consider here is location, as costs will differ from state to state. For example, a wedding in New York costs an average of $48,600 whereas in Utah the average cost is significantly lower at $19,700. The average cost of a wedding in Nevada, meanwhile, is a similarly affordable $22,500.
Other factors that have a major impact on wedding costs include the guest count, venue type, and time of year. Banquet halls are the most popular venue type in the US, followed by farms and barns.
The guest experience is important at a wedding reception and this can have an impact on the cost. For instance, 50% of weddings include a champagne toast, 76% of couples serve wedding cake, and 44% provide a dessert bar. Live music and games can also drive the price up so it goes without saying that having a strict wedding budget is important when planning your big day.
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Understanding the Average Cost of a Wedding
The average cost of a wedding in the US is almost $34,000. Certain states such as New York, Connecticut, California, and Massachusetts are at the upper end of the scale, while Utah, Idaho, and Wyoming all average under $20,000. Each wedding is different and various factors play a role in the exact cost, in particular the venue, time of year, and the number of guests.
Whether you choose to have a big wedding or not, we’re sure that it will be a day to remember. Like this blog post on what is the average cost of a wedding? Be sure to check out our other informative articles on a wide range of interesting topics.