The cost of doing a wedding has really jumped to an all-time new high, reaching an average of over thirty-one thousand dollars in 2014 as per the research that was done.
Surveying around sixteen thousand American couples, a study done by the knot also found that forty-five percent of weddings done exceed the budget a couple had planned for worse is that, twenty-three percent of the couples that do a wedding lack a budget altogether. Over a thousand dollars was spent by brides on wedding dresses only showing how extravagant it has become to do weddings.
The flipside of it is that guest lists are reducing in number while the wedding costs are increasing. As per the research done by Knot an average wedding currently has less than 136 guests. In America the cheapest place to do a wedding was found to be in Utah where couples spent only fifteen thousand dollars while the most expensive place was found to be Manhattan as the average wedding cost was found to be not less that seventy thousand dollars.
As by 2014, the average wedding cost was found to be not less than thirty-one thousand dollars a 4.5 percent increase compared to the previous years and that doesn’t include the cost of honeymoons. This research was also done by Knot. The cost of also attending weddings has also shot up to $673 as by 2015 a sharp 14 percent increase compared to 2014 which was at $592.
The attendees’ cost includes dining out, dressing up, hotel and airfare as well as a gift. The average member of the groom or bridal’s party is also spending not less than $701 a sharp increase compared to previous years.
In the end it has been found the overall wedding has become expensive even though the number of guests has reduced compared to previous years.