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Friday, 24 July 2015 09:03

Wedding Spending is UP from 2014 According To The Knot Featured

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According to The Knot, which surveyed 16,000 brides and grooms who got married in 2014, couples spent an average of $31,213 on their nuptials last year –up from $29,858 in 2013 and an all-time high.

Couples tended to spend more on their reception and less on the ceremony itself. The largest chunk of the budget – an average of $14,006 – was spent on the venue, which includes the cost of catering, musicians and cake. Per-person catering costs rose from $66 in 2013 to $68 last year.

The Knot found that 45% of couples went over their budget in 2014 and 23% of couples didn’t even have one. Almost half of the couples that we spoke with, who had budgets, spent more than they initially wanted to.

At least according to those surveyed by The Knot, only 12% of couples really have to worry about paying for the wedding entirely themselves. The bride’s parents contributed 43% and the groom’s parents contributed 12% toward the overall cost of a wedding.

Not all that surprising, Manhattan is the most expensive place to get hitched. On average couples there spent $76,328 in 2014. “That’s the college tuition for our future child, or at-least part of it”, Barbara Ching said when she heard the number. Runner-up on the list was Long Island, New York, with an average wedding cost of $55,327.

On the other side of the spectrum Utah is the least expensive place to get married, averaging $15,257.

Now before you decide to go out and buy a ladder to elope remember these are averages you always have to question where these 16,000 people were from in the survey. In the Richmond surrounding area I would think that average number would be considerablely lower.  Don't go nuts but remember it is one of the most special days in your life.

Read 2132 times Last modified on Friday, 01 July 2016 13:53

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