How Much Does A Wedding Cost? (Solved)

The average cost of a wedding in 2020 was $19,000 (including the ceremony and reception), according to The Knot’s 2020 Real Weddings Study. Here’s what you should know about wedding costs and how to realistically estimate how much you’ll spend to take the plunge.

  • The average cost of a wedding in the US was $28,000 in 2019, according to data from The Knot. The venue is the single most expensive part, at an average of $10,000 alone. Rings, photographers, and videographers are the next largest expenses.

Contents

What is a good budget for a wedding?

As a general rule, plan to budget at least $100 per guest. If you’re planning a wedding on a budget, one of the easiest ways to reduce costs is to invite fewer people and have a more intimate celebration.

How much does the average UK wedding cost?

Experts estimate the average wedding now costs anywhere from £18,000 to a heartbreaking £32,000 – but there are ways to cut back. This guide has a host of tips, including used bridal gown sites and how to nab an all-in reception package for less than £1,000.

How much does a wedding cost UK 2021?

Weddings can cost anywhere from a few hundred pounds to £100,000 or more. According to the latest figures, the average wedding costs around £30,000 in the UK.

How can I keep a wedding under 10000?

10 Ways I Kept My Wedding Under $10,000

  1. Character Venue. We chose a venue that was full of character and charm.
  2. Reconsider the Bridal Party.
  3. All Inclusive or BYO Alcohol.
  4. Greenery Over Florals.
  5. DIY Music.
  6. Electronic Save the Dates.
  7. No “Wedding” Vehicles.
  8. No Guest Favors.

Who gets a tip at a wedding?

As a general rule, it’s not necessary to tip the owner of the company (which wedding photographers often are), though you could tip $100 or more if you feel so inclined. If there is an assistant, tip the assistant $50 to $75.

Who pays for the honeymoon?

In these more traditional settings, it is usually the groom or the groom’s parents who pay for the honeymoon. The bride’s family usually handles the wedding costs, and the groom or his family would handle the honeymoon.

How much money should I give for a 2021 wedding gift?

She offers these guidelines to wedding-goers wherever they might be: A distant relative or co-worker should give $75-$100; a friend or relative, $100-$125; a closer relative, up to $150. If you are wealthy, are you expected to inflate the gift? No, Cooper says. “If they do, it’s because they’re just generous people.”

What does the bride’s parents pay for?

Traditionally, the bride and her family are responsible for paying for all wedding planning expenses, the bride’s attire, all floral arrangements, transportation on the wedding day, photo and video fees, travel and lodgings for the officiant if he comes from out of town, lodging for the bridesmaids (if you have offered

How do people afford weddings?

7 Best Ways To Pay For a Wedding

  1. Set a realistic budget.
  2. Ask family and friends to chip in (when appropriate)
  3. Save during your engagement.
  4. Pick up a temporary side hustle.
  5. Cut costs on lower-priority items.
  6. Take advantage of credit card rewards.
  7. Consider a personal loan.

How much does a wedding cost UK 2020?

According to Bridebook’s December 2020 survey of over 4500 couples, the average wedding cost (including engagement ring and honeymoon) was £14,422 in 2020 and £20,731 in 2019. It’s important to take a pinch of salt with the average wedding cost decrease.

Who pays for the wedding UK?

Today, the average cost of a wedding is around £30,000 which is beyond the reach of most couples. Traditionally, the bride’s family pays for the wedding reception (including the venue, food and drink) while the groom pays for the honeymoon.

What do wedding cakes cost?

The average U.S. wedding cake costs around $350, according to Thumbtack, an online service that matches customers with local professionals. On the lower end, couples spend around $125 and on the higher end, they typically spend upward of $700—often over $1,000!

How much do parents give for wedding UK?

For parents that do choose to contribute, it has been said that the bride’s parents contribute around 45%, whilst the groom’s parents contribute 15%. But obviously this will change from wedding to wedding. You may find that other relatives, such as grandparents and aunts and uncles, want to contribute, too.

Why are weddings so expensive?

The simple answer is weddings have many moving parts: caterers, reception, pictures, videography, makeup, etc. All of these things cost money, which makes the price tag add up quickly.

How Much Does the Average Wedding Cost?

It is not as simple as saying “I do” to organize a wedding – and it is far more expensive. Here’s everything you need to know about wedding prices and how to make a fair estimate of how much you’ll spend if you decide to go ahead and get married.

The average costs of a wedding

According to a 2019 poll by The Knot and WeddingWire’sWedding Cost Guide, the following are the typical prices for common wedding expenses: At the absolute least, you’ll require a marriage license to tie the knot. Application costs vary depending on the state, county, city, or other circumstances. The usual license price in New Orleans is $27.50, in Boston it is $50, while in Santa Barbara, California, the charge is $100.

Don’t let the numbers fool you

Because of the COVID-19 epidemic, festivities were held at a lesser scale than in previous years, resulting in a higher-than-usual average of $19,000 per person. However, keep in mind that averages do not convey the entire picture. Experts point out that they might easily be biased in the wrong direction. Founder of theBudget Savvy Bride Jessica Bishop believes that one $1 million wedding may result in an increase in the average of thousands of $10,000 weddings on the other side of the world.

Furthermore, you are not required to purchase all of the products on the list.

5 ways to lower your wedding costs

It is possible to save costs even if you plan a lavish wedding with all of the bells and whistles by being flexible about some aspects of the event:

1. Consider replacing pros

Paying for professional services and premium packages is more expensive than enlisting the help of a creative buddy to style your hair and creating your own decorations. It’s also likely that you won’t have to worry about gratuity among friends, whereas you would want to tip a hairdresser.

2. Look into suburban venues

The location of your wedding is important, and not simply because of the venue. You may expect higher pricing and more competition for wedding venues and other services if you want to tie the knot in a big urban region.

3. Trim the guest list

In addition, some venues have minimum and maximum guest restrictions and charge accordingly, while food and beverage providers may charge per person for their services. According to Deborah Moody, executive director of the Association of Certified Professional Wedding Consultants, the number of people attending a wedding has an impact on spending across the board. It is estimated that you would save money by cutting out at least one table if your guest list was reduced by ten people: that’s ten chairs, ten place settings, ten favors, and one centerpiece that you would not have had to pay for.

4. Seek an off-peak season

That beautiful summer wedding will almost certainly have a cost associated with it.

Off-peak months, like as January or February, are well-known for offering reduced rates for ceremony locations, reception venues, and wedding photographers.

5. Move the special day

Saturday is the most popular day for weddings, and because of the great demand, prices tend to be higher on this day. You may be able to save money by arranging your big day on a Sunday or a weekday — provided that it does not conflict with a major holiday. Prior to putting together a budget, Track all of your expenditure at a glance to better understand your spending patterns and identify money-saving options.

Compare prices and services

On Saturdays, weddings are at their peak in popularity, and as a result of the great demand, prices tend to be higher. Your big day may be more affordable if you choose to hold it on a Sunday or during the weekdays, unless it falls on a major holiday. Prior to creating a financial plan, Track all of your expenditure at a glance to better understand your spending patterns and identify money-saving options.

Negotiate if necessary

If you find yourself in a position where you must bargain, proceed with caution and respect. “You don’t want to nickel and dime a professional who has established their charges in the manner in which they have established them for a purpose,” Bishop adds. She also points out that suppliers who are just starting out in the company tend to charge less than those who have more expertise in the field. If you have a wedding planner, he or she should be aware of what is realistic and where wiggle room might be found, according to Moody.

You can also decrease your own interest rates.

Consider, for example, requesting that the photographer works for a few hours rather than the entire day, or asking if a caterer may restrict attendees to one or two drinks rather than providing an open bar.

Anticipate extra costs

Surprises are unavoidable, even when everything is well planned. As a safety net, Bishop recommends setting up a 10 percent margin to provide for unexpected costs, overages and add-ons such as cake cutting and delivery fees, taxes and gratuities.

Add it all up

Don’t give in to peer pressure, family pressure, social media pressure, or spending report pressure. Budgeting for your wedding should be done in accordance with your income, monthly costs, and other financial objectives. Once you’ve established a budget, decided on the type of wedding you want, and began comparing prices, it’s time to put the numbers together. Our calculator can assist you in determining your total spending budget for the trip.

The average wedding cost $19,000 in 2020, about $10,000 less than the year before

In the year 2021, the average cost of a wedding will be $22,500. Photograph courtesy of Thomas Barwick/Getty Images

  • A wedding in the United States in 2019 was estimated to cost an average of $28,000, according to The Knot. The location is the most expensive component, accounting for an average of $10,000 in total costs. The costs of rings, photographers, and videographers are the next most expensive items. More Personal Finance Insider coverage may be found here »

According to statistics from a poll of 7,600 couples conducted by wedding-planning website The Knot, the typical wedding costs $22,500 in 2021, according to the predicted total.

The cost of a wedding is dependent on a number of things. Here’s what the typical wedding in the United States cost prior to the epidemic in 2019.

Average cost of a wedding by year

In recent years, there has been a significant shift in the average cost of a wedding. While couples spent an average of $28,000 on their weddings in 2019, the average spending dropped to $19,000 in 2020 as a result of the pandemic, which coincided with a reduced number of guests and a general change in the way weddings were conducted, though wedding costs have been steadily declining in recent years.what Here’s couples have spent on their weddings in recent years, according to The Knot.

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Average cost of wedding services and items

The expenditures of a wedding are seldom paid in a single lump sum payment. In the following table, you can see how the statistics broke out for weddings in 2019 across a variety of popular spending categories. While some of these expenses are really necessary, others are not. It is necessary to pay an officiant in order to be married, but it is not necessary to hire a wedding planner for $1,500 or spend the entire $2,000 on flowers. Despite the fact that these items account for the majority of the average cost, not every couple requires each and every item on the list.

Average cost of weddings by state

In 2019, the amount of money spent on weddings varied significantly from state to state. While more expensive states like New York and Washington, DC had couples spending an average of over $40,000 for a wedding, less expensive states like Wyoming and Utah had couples spending less than $20,000 on average.The Knot compiled data from all 50 US states — here’s how your state’s average wedding cost stacks up.While more expensive states like New York and Washington, DC had couples spending an average of over $40,000 for a wedding, couples in Wyoming and Utah spent less than $20,000 on average.

Start by making a wedding budget

Per theBBB, almost half of couples spend more on their wedding than had anticipated when planning their big day. Making a wedding budget should be done well before you send out the invitations, just like any other major purchase necessitates meticulous planning and budgeting. Before you begin preparing, start by having a chat with your spouse about money, and make sure that you and your partner are on the same page about not just current objective, but also your future goals together. According to one financial adviser, creating a spreadsheet together of your costs, savings, and spending might be a fantastic opportunity for you and your partner to take a deep dive into your money as a partnership.

  1. Liz Knueven is a writer and editor based in Los Angeles.
  2. Liz worked as a reporter at Insider, where she largely covered personal finance issues.
  3. She graduated with honors from The Savannah College of Art and Design with a bachelor’s degree in writing.
  4. You may follow her on Twitter at @lizknueven.
  5. We do not provide investment advice or urge you to engage in a particular investment plan on our website.
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Average Cost of a Wedding: By State and Feature

The average cost of a wedding in 2020 was $20,300, representing a drop of $4,400 per wedding from the previous year. Numerous elements come into play when determining the cost of a wedding, including the size and location of the venue, the number of people attending, the food and entertainment — not to mention any additional fees that are determined by the preferences of the wedding party. Wedding prices are broken down by state and metro area, with per-guest expenditures included in the table below from ValuePenguin.

A breakdown of the most and least expensive items that are typically included in the overall cost of a wedding was also done by the researchers.

The average cost of a wedding, by state

It is possible that the cost of your wedding will differ greatly depending on where you are married. It was found that the average cost of a wedding in the United States was $20300, but that the cost may vary significantly by state, with some states charging as much as $18,063 for the ceremony and reception. Graph depicts just the ten most and least costly states for weddings, as measured by the “Average” bar, divided by a horizontal line. A wedding in Massachusetts is the most costly state to be married in, with an average cost of $30,489 for the ceremony and reception.

  • Arkansas, on the other hand, is the least expensive state in which to be married, closely followed by West Virginia.
  • With the exception of the District of Columbia, four of the five most expensive states are located in the Northeast.
  • In the United States, seven of the ten most economical locations to be married are located in the South, with the other three states in the West — New Mexico, Montana, and Nevada – ranking among the most affordable places to get married.
  • In order to get the average cost per guest, researchers divided the average wedding cost by the average number of guests who attended weddings across the country.
  • Because there are fewer visitors, the cost per invitee is more than it would be otherwise.
State Cost per guest 2020 average cost
U.S. $307 $20,300
Alabama $228 $15,056
Alaska $364 $24,037
Arizona $285 $18,782
Arkansas $188 $12,426
California $395 $26,049
Colorado $315 $20,771
Connecticut $447 $29,499
District of Columbia $424 $27,965
Delaware $355 $23,416
Florida $241 $15,936
Georgia $290 $19,142

Display All Rows in a Table

The average cost of a wedding in the largest metros

Even within the 20 most populous metropolitan areas in the United States, the average cost of a wedding can vary dramatically. According to the most recent data, the average cost of a wedding varies by $13,653 across the most and least costly big metro areas. The Tampa-St. Petersburg-Clearwater metropolitan area in Florida has the lowest cost of weddings.

The average cost of a wedding in this city is $20,044. The average cost of a wedding in the San Francisco-Oakland-Berkeley metro area in California, on the other hand, is $33,697, making it the most costly of the 20 metro areas studied.

MSA Average cost
New York-Newark-Jersey City, NY-NJ-PA $33,446
Los Angeles-Long Beach-Anaheim, CA $30,492
Chicago-Joliet-Naperville, IL-IN-WI $25,752
Dallas-Fort Worth-Arlington, TX $25,786
Houston-The Woodlands-Sugar Land, TX $24,087
Washington-Arlington-Alexandria, DC-VA-MD-WV $21,158
Miami-Fort Lauderdale-West Palm Beach, FL $33,401
Philadelphia-Camden-Wilmington, PA-NJ-DE-MD $31,895
Atlanta-Sandy Springs-Roswell, GA $23,593
Boston-Cambridge-Quincy, MA-NH $32,451
Phoenix-Mesa-Chandler, AZ $23,856
San Francisco-Oakland-Berkeley, CA $33,697

Display All Rows in a Table Listed in descending order by population size

Most expensive wedding features

The total cost of a wedding is determined by the number of guests attending the ceremony and reception. A wedding in 2020 will cost an average of $20,300 on average; however, if the event grows more elaborate, the cost might quickly escalate. Many of the most expensive aspects of a wedding are the fees connected with the reception site, which can include the cost of renting things such as tables and chairs, as well as the cost of providing food and beverages to guests.

1. Reception venue

When it comes to the reception venue, it’s not usually one major charge but rather a succession of above-average expenses that pile up rapidly, especially if the wedding party chooses a package deal from their chosen venue. When you add up the costs of hiring a location, catering the event, and supplying other associated necessities, this is the most expensive aspect of weddings. The following are some of the most common costs connected with a wedding reception venue:

  • Wedding venue rental is frequently one of the most expensive aspects of the reception because it requires the expenditure of thousands of dollars to secure a location. The average cost of a wedding venue is $9,261, making it one of the most costly expenses associated with a wedding celebration. Costs rise when couples are need to hire tables, chairs, and other furnishings in order to fill out a reception hall
  • For example, Food and beverages provided by caterers: Making ensuring that all of the guests are well-fed is one of the most expensive aspects of any wedding — especially if the couple is required to hire their own caterer by the venue. For a wedding with 66 guests, you should expect to spend an average of $4,075 — or $62 per person. As wedding attendance returns to pre-pandemic levels, the cost of food (both per dish and as a whole) is expected to climb. The expense of food will, without a doubt, rise in proportion to the size and scope of the event. However, by having a cash bar rather than an open bar, hosts may save money on the cost of the venue.

2. Engagement ring

When it comes to engagement rings, there may be greater variation in pricing than with virtually any other wedding-related item. The average cost of an engagement ring was $5,204 per wedding, but the price of a ring is highly dependent on the size and type of stone used, the cut, the manufacturer, and other factors that could easily push the price of a ring into the tens of thousands of dollars, or even higher, depending on the factors mentioned above.

3. Reception band

The presence of musical entertainment is a standard feature of most wedding receptions. The decision on whether to hire a band or a DJ for the reception can have a significant impact on the entire cost of the wedding reception. For many wedding receptions, the cost of hiring an entertainment band is among the most expensive aspects of the whole event. It costs an average of $3,263 to hire an orchestra to perform at a wedding. A DJ, on the other hand, is often more than $2,200 less expensive than a live band of the same size.

4. Photographer

Having images shot is a costly endeavor; researchers discovered that the average cost per wedding was $2,117. That doesn’t even take into consideration the expense of a cameraman, which may go up to $1,588 on average. These services total $3,705 in value when taken together.

5. Florist and decor

It is easy for the expense of flowers and other decorations to suddenly mount up. The average cost of a florist for a wedding is $1,764 dollars. It is possible that this value will climb as the quantity of flowers required for an event grows. Ascertain what is provided for free by your location so that you do not unwittingly incur additional expenses or spend more money for a more costly version of what they offer.

Least expensive wedding features

It is easy for the expense of flowers and other decorations to go up rapidly. Florists charge an average of $1,764 per wedding in the United States and Canada.

As the amount of flowers required for an event grows, this value might increase as a result. Ascertain what is provided for free by your location so that you do not unintentionally incur additional expenses or spend more money for a more costly version of what they offer.

1. Favors

The gifts that guests receive are usually the least expensive aspect of a wedding for most individuals. In 2020, the average cost of wedding favors was $353, according to the American Society of Wedding Planners. If the type and amount of favors provided differ from the national average, the cost of favors might increase or decrease in comparison to the national average. As a result, the couple could save money by foregoing the purchase of pricey party favors.

2. Wedding cake

Wedding cakes cost $441, or $6.68 per piece, on average in 2020, depending on the number of guests that attended weddings on average in 2020. It is possible to save money on this expenditure in a number of different ways. For example, a newlywed couple may elect to offer smaller slices of cake to guests. Instead, they might purchase a smaller replica of the wedding cake for presentation purposes only, with a few sheet cakes in the kitchen to serve the large number of people in attendance.

3. Invitations

Invites cost on average $7.88 per person (assuming that the majority of guests arrive in pairs), while more elaborate invitations might attract greater fees for each individual. Couples on a tight budget may be able to save money by designing their own invites or even sending out invitations entirely electronically through email.

4. Transportation

Wedding transportation costs an average of $706 per event, according to the National Wedding Transportation Association. There is a possibility that this price will include transportation for the newlyweds (and in certain situations, their bridal party) to and from the reception site. It is possible to drastically reduce or eliminate the expense of transportation by limiting the size of a hired car or, if the reception is near to the ceremony, by walking from one spot to another.

5. Reception DJ

The cost of hiring a DJ is far less expensive than the cost of engaging an in-person band to perform at the reception. The average cost of hiring a DJ is $1,058, according to industry statistics. This is $2,205 less than the cost of hiring a band to perform at the reception.

What about wedding insurance?

Wedding insurance can add hundreds of dollars to the total cost of a wedding reception and reception venue. The cost of wedding insurance is determined by the number of safeguards that the soon-to-be newlyweds choose to include. Wedding insurance refers to two distinct forms of coverage: one protects against the loss of deposits and wedding-day items such as special attire and jewelry, while the other protects against the loss of other property. In addition, there is a sort of liability insurance.

In the future, wedding insurance businesses may witness an increase in the number of couples who get coverage.

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How wedding costs have changed over time

Since 2000, more than 2 million weddings have taken place every year, with the exception of 2020. Following the coronavirus outbreak, the number of weddings dropped to 1.3 million by 2020, representing a 37 percent decrease year on year. Despite this decrease, the average cost of a wedding continued to surpass $20,000, and the large number of individuals who continued to plan their weddings resulted in a total expenditure of more than $25 billion on weddings.

From 2015 through 2020, according to ValuePenguin, Americans will spend an average of $50 billion on weddings every year on average.

Year Marriages Money spent
2015 2,221,579 $59,094,001,400
2016 2,251,411 $60,112,673,700
2017 2,236,496 $57,701,596,800
2018 2,132,853 $52,681,469,100
2019 2,015,603 $49,785,394,100
2020 1,268,077 $25,741,963,100

As a result, even while revenues were high in 2020, the wedding business saw unusual consequences, and it is probable that the cost of weddings in the remainder of 2021 will be similar to the more typical cost of weddings in 2019. In that year, the average cost of a wedding was 18 percent greater than it would be in the following year.

Methodology

The data analyzed by ValuePenguin analysts came from The Wedding Report, which tracked the entire cost of a wedding over time. In order to calculate the average cost per wedding feature, the researchers used data from The Knot on per-item spending. The Centers for Disease Control and Prevention (CDC) provides information on the overall number of marriages that take place each year.

This Was the Average Cost of a Wedding in 2020

Reduced COVID celebrations and smaller money had an influence on the number. It is expected to grow in 2021. Every year, The Knot Real Weddings Study publishes the average wedding cost as well as other official statistics for each individual state. The study included over 7,600 couples from throughout the country who had initially chosen a wedding date between January 1, 2020 and December 31, 2020, according to the researchers. COVID will have an influence on nearly everything in the wedding business in 2020, including the average wedding cost and the expenses of more prewedding-related events in general.

  • Based on our respondents’ responses on how much they spent on the ceremony and reception, we were able to predict that the national average cost of a wedding in 2020 will be $19,000, a decrease from the national average cost of a wedding in 2019 of $28,000.
  • The average wedding cost is normally determined mostly by the number of guests attending, the location of the event, and the format of the celebration, all of which have been impacted by the epidemic.
  • The anticipated average cost of a wedding reception in 2021 is around $22,500, which is in line with previous spending on wedding receptions.
  • It’s important to remember that the average wedding cost is just that: an average dollar figure that has been obtained by adding up the total costs of tens of thousands of weddings and dividing that total by the number of couples who participated in the poll.

Average Cost of a Wedding In The U.S. By State

In 2021, the average wedding cost per state, according to The Knot 2019 Real Weddings Study, will likely serve as a helpful cross-reference point for couples who want to have both their ceremony and reception in the same location. Also bear in mind that these couples come from all across the United States and have completely varied wedding budgets, locales, numbers of guests attending, and styles from one another, as in prior years. The amount of money they wind up spending inevitably varies—a great deal.

See the table below for the average cost of a wedding in the United States, broken down by state (excluding Alaska):

  • The following states have a minimum wage of $25,500: Alabama, Arkansas, $21,800
  • California, $39,000
  • Colorado, $30,000
  • Connecticut, $41,000
  • Delaware, $34,900
  • DC, $40,600
  • Florida, $30,600
  • Georgia, $30,900
  • Hawaii, $32,900
  • Idaho, $19,800
  • Illinois, $39,700
  • Indiana, $22,800
  • Kentucky, $23,900
  • Kansas, $22,400
  • Louisiana, $33,900
  • Maine, $33,500
  • Maryland, $3 Among the states with the highest median household income are South Dakota ($29,200), Ohio ($29,300), Oklahoma ($21,200), Oregon ($22,400), Pennsylvania ($35,900), Rhode Island ($49,800), South Carolina ($30,600), Tennessee ($26,900), Texas ($30,200), Utah ($19,700), Vermont ($38,300), Virginia ($33,300), Washington ($25,600), West Virginia ($27,800), Wisconsin ($27,800), Wyoming ($19,800).

We found that roughly one-third of our respondents used the services of a wedding planner in some capacity, which is an indication that they are seeking professional assistance (whether it be a day-of coordinator or a full-service planner). Many couples choose to fully embrace or blend their cultural traditions, while others choose to intentionally turn tradition on its head by paying homage to pop culture (Harry Potter stilettos, anyone? ), eliminating traditional activities (such as the garter toss), or reinventing big moments to suit their personal style (think: tequila shot unity ceremonies).

131 visitors are hosted by the typical couple, and 72 percent of those polled stated that their main priority was ensuring that their guests were well taken care of and had a wonderful time.

There are picture booths, cigar-rolling stations, and artisan margarita bars, to mention a few of the attractions.

Whether it’s a macramé artist for unique boho wall décor or the right planner to bring their Jewish-Chinese fusion celebration to life, brides and grooms continue to rely on best-in-class local prosto to make their big day special, no matter where they are in the world.

Average Cost of Wedding Vendors

Of course, the amount that wedding professionals charge varies widely. It’s usually a good idea to look into wedding vendors in your region and ask them about their individual pricing structures (and what those rates include). An internal analysis determined exactly how much money couples spent on different wedding providers on average last year, based on the results of the study. See the table below for the average cost of wedding vendors in 2019:

  • A wedding reception costs on average $10,500
  • A wedding photographer costs on average $2,400
  • A wedding or event planner costs on average $1,500
  • A wedding reception band costs on average $3,700
  • A reception DJ costs on average $1,200
  • A wedding dress costs on average $1,600
  • A wedding cake costs on average $500
  • A wedding cake costs on average $500.

Take a look at how the average wedding cost in 2020 and 2019 compares to the cost of a wedding in prior years. Keep in mind that the averages from past years include the cost of the engagement ring, but the averages for 2020 and 2019 just include the costs of the ceremony and reception. It was estimated that the average cost of a wedding in 2018 was $33,931. Interestingly, the average cost of a wedding in 2017 was $33,391, which is a decrease from 2016, when the average cost of a wedding reached an all-time high of $35,309, according to the American Society of Wedding Planners.

The average cost of a wedding in 2014 was slightly under $30,000, totaling $29,858, compared to the average cost of a wedding in 2013 of $28,427, a little decrease from the previous year.

Are you looking for some assistance with your wedding expenses? Check out The Knot’s Wedding Budget Planner for more information.

This is How Much a Wedding Actually Costs

When you initially start planning your wedding, one of the first things you’ll probably ask yourself is: “Okay, how much does a wedding cost?” It’s an excellent question, yet the solution is a little difficult to explain. It turns out that the COVID epidemic had a significant influence on the cost of weddings in 2020, just as it did on the majority of other areas of wedding preparation at the time. In order to determine the average cost of a wedding, the WeddingWire Newlywed Report polls thousands of couples every year.

In the wake of the epidemic, the national average cost of a wedding fell to $19,000 in 2020, according to the American Society of Wedding Planners.

Already, we’re seeing the average wedding cost swiftly return to levels seen before to the COVID legislation.

Remember that these are only averages, and that the cost of a wedding can vary greatly based on a variety of factors such as where you reside, the size of your event, and other factors.

Location plays a major role in the cost of a wedding.

The location of your wedding is likely to be the most important element in determining how much money you’ll spend on your celebration. A wedding in a large metropolis, such as New York or San Francisco, will be more expensive than a wedding in a small town, for example (check out the WeddingWire Cost Guide for more information on how much weddings cost in your area). Additionally, remaining near to home might help you save money. A local wedding costs $27,000 on average, while a destination wedding costs $32,000, according to the 2019 Newlywed Report (which is more in line with what we’ll likely see in 2021 and beyond).

Couples are spending the most on venue and food.

As soon as you’ve determined how much a wedding in your area would cost, you can begin dividing your budget into categories to account for the many suppliers you’ll need to employ. It turns out that the location and catering will be the most expensive aspects of your wedding. Couples spend an average of $10,500 on hiring a venue and $70 per guest on food, according to data collected in 2019.

Because of this, it is understandable why the adage “the more visitors you invite, the more money you’ll spend” is so accurate. A wedding with 50 guests may expect to spend around $3,500 on catering, but a wedding with 300 guests can expect to spend more than $20,000 on food alone!

Couples pay for roughly half of the wedding themselves.

One of the most crucial aspects of arranging your wedding budget is determining who will be responsible for paying for it. Nowadays, couples are splitting the expenditures of their wedding with their parents. According to the 2019 Newlywed Report, couples paid for 47 percent of their wedding expenses, with their parents covering 52 percent of the costs of the event. Nearly 60 percent of parents agree to pay for some items (the venue, food, and music, for example), while approximately one-third provide a check for the couple to spend at their discretion.

Consequently, if your parents are making a contribution to your wedding, chat to them about how much they would like to be engaged in the decision-making process.

Millennials tend to spend more on their wedding.

Millennials (those born between 1981 and 1996) spend significantly more on their wedding than elder Gen Xers (those born between 1965 and 1980) do on their wedding. In fact, the average cost of a millennial wedding in 2019 is $31,000, but the average cost of a Gen X wedding is just $21,000 in the same year. What is the cause of this discrepancy? Millennials, on the other hand, are more likely than their older counterparts to invite more guests and to provide amenities such as an open bar and late-night munchies.

More than half of couples increase their initial budget during the planning process.

While more than 80 percent of couples create a budget as one of the first stages in wedding preparation, more than half increase their initial budget for a variety of reasons, according to the survey results. Couples are discovering “must have” goods during the planning process, or they are discovering that their initial budget was set lower than necessary. To avoid spending more money than you can afford, it’s a good idea to leave yourself some wiggle space while budgeting for your vacation.

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Even though more than 80 percent of couples create a budget as one of the first stages in wedding preparation, more than half of those couples end up boosting their initial budget for a number of reasons. In the midst of preparation, couples are discovering “must have” products or discovering that their planned budget was far smaller than their actual spending needs. To avoid spending more money than you can afford, it’s a good idea to provide yourself some wiggle space while budgeting.

How Much Does the Average Wedding Cost in 2021-2022?

Approximately $22,500 is the average cost of a wedding in the United States, according to data from WeddingWire for the year 2021. The location alone costs an average of $6,000, making it the most expensive component of the event. The actual cost of a wedding is determined on the state in which it is held. Other common expenditures include: a wedding photographer costs $2,000, flowers cost around $1,500, a wedding dress costs $1,000, a wedding cake costs $500, and hair and makeup costs $300. Keep in mind that the $22,500 average includes costs such as an engagement ring and other wedding-related expenses.

And let’s not forget about the disguised elephant in the room: Covid has completely transformed the wedding industry. In response to the epidemic, smaller and outdoor weddings are becoming increasingly popular – something that will eventually save money for many happy couples.

Average wedding cost per year

Year Number of Weddings (Demand) Average Spending per Wedding
2008 2,160,858 $24,111
2009 2,084,828 $22,062
2010 2,096,932 $26,542
2011 2,119,494 $25,631
2012 2,134,311 $25,656
2013 2,146,169 $25,200
2014 2,205,269 $26,444
2015 2,220,389 $26,645
2016 2,250,631 $26,720
2017 2,227,024 $25,764
2018 2,130,061 $24,723
2019 2,126,126 $24,675
2020 1,108,068 $19,852
2021 2,771,474 $21,680
2022 2,170,390 $23,517
2023 2,124,573 $24,252
2024 2,120,516 $24,749

wedding.report is the source of this information.

Wedding spending distribution

Spending Range Percent of Weddings
$5000 20.70%
$5,000 25.20%
$10,001 29.00%
$20,001 14.70%
$30000+ 10.50%

wedding.report is the source for this information.

Wedding License

Costs range from $30 to $100 on average. The legally binding portion of your wedding is almost often the most affordable. While wedding license prices differ from state to state, they are normally between $30 and $100.

Entertainment

Costs range from 0 to $5,000 and above. While planning your wedding, it’s a good idea to research the usual expenses of wedding entertainment. Average cost of a wedding band is roughly $4,500, while the average cost of a reception is approximately $1,300. Average cost of wedding DJ is approximately $1,300. When it comes to your wedding budget, averages aren’t very useful in this situation. You are not required to pay for entertainment in the strictest sense; there is no law stating that you cannot connect your laptop to a speaker and DJ all by yourself.

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Venue

Costs range from 0 to $20,000 on average. The cost of a wedding reception location might vary significantly. For their ceremony and reception, many couples have chosen a barn or a garden as the venue of choice. According to Wedding Wire, these were the most popular wedding locations in the United States in 2020. A family backyard will cost you nothing, yet a rustic barn may easily cost you $20,000.

Food and Drink

The average cost per person ranges from $27 to $70 ($1,800 to $7,000). Couples may expect to pay $40 to $70 per person for a sit-down supper at a restaurant. A seated meal will cost closer to $100 to $200 in a more costly area such as New York City. Buffets and basic menus of tacos or barbeque are substantially less expensive than traditional menus, but they are also less popular as a result of Covid. (As a point of reference, such sorts of buffet dinners often cost more than $27 per person.)

Cake

Costs range between $400 and $500 on average. Cakes with several levels can be rather expensive. Instead of a large wedding cake, consider serving a smaller “slicing cake” for the cake-cutting ritual and a selection of cupcakes, cookies, or other sweets as an alternative to the traditional wedding cake.

Drinks

Costs range from $300 to $12,000 on average. In particular, if you want to offer high-end liquor, running an open bar may be quite expensive. The traditional wine and beer pairing, or wine and beer plus one distinctive drink, is popular among couples looking to save money.

Wedding Planner

Costs range from $1,500 to $4,000 on average. Wedding planners normally charge a percentage of the total cost of the vendors and venue, which is typically about 20%. Couples who want to save money on their wedding may forego hiring a wedding planner altogether, or they may hire a day-of wedding coordinator instead. As a result of this, time is money. If you decide not to hire a wedding planner, you will wind up devoting a significant amount of time (hundreds of hours) to your own wedding preparation.

Wedding Photographer

Costs range from $300 to $4,500 on average.

This is another another category where there is a great deal of wriggle space. You may locate less experienced photographers that will just charge a few hundred dollars, or you can pay thousands of dollars to receive the all-star treatment from a celebrity photographer.

Wedding Videographer

Costs range from $1,000 to $2,500 on average. Wedding videographers might be an expensive investment, but they save you from having to rely on your family’s home films for the rest of your life. (Can you tell me why your uncle exclusively takes pictures of his shoes?!)

Florist

Costs range from $150 to $2,000 on average. The typical cost of a bridal bouquet is between $150 and $350 dollars. The cost of bouquets for bridesmaids is just somewhat less. When you rely extensively on flowers for décor, it is easy for floral costs to balloon out of control. Flowers may be used as centerpieces, garlands, flower girl wreaths, and cake toppers, among other things.

Wedding Attire

The average price is $1,600. There is no additional charge for a veil, comfortable shoes, or other accessories in the typical wedding dress cost. Don’t forget that the groom will need to put on something as well! Although a tuxedo is unlikely to be rented for a backyard wedding, a decent formal attire for the groom would likely cost between $200 and $300. Professional hair and makeup will cost around $300 for a wedding party of two.

Wedding Transportation

Costs range from $500 to $1,000 on average. Shuttles are a fantastic concept (and, in some cases, a necessity) for wedding celebrations that offer alcoholic beverages.

Average Wedding Cost By State

The venue of the wedding is frequently the most important factor in determining the budget. States like as Kentucky and Utah can provide beautiful sites without charging a large price tag. If you have your heart set on getting married in a location where real estate is in great demand — such as New York or New Jersey — the cost of your wedding venue will be significantly higher. In the case that you decide to have the large celebration in your tiny hometown, you may want to think about the expense of transportation for your friends and relatives.

State Average wedding cost
Alabama $25,500
Arizona $29,400
Arkansas $21,800
California $39,000
Colorado $30,000
Connecticut $41,000
DC $40,600
Delaware $34,900
Florida $30,600
Georgia $30,900
Hawaii $32,900
Idaho $19,800
Illinois $39,700
Indiana $22,800
Iowa $22,600
Kansas $22,400
Kentucky $23,900
Louisiana $33,900
Maine $33,500
Maryland $33,800
Massachusetts $43,600
Michigan $29,700
Minnesota $28,800
Mississippi $23,800
Missouri $26,600
Montana $23,000
Nebraska $23,300
Nevada $22,500
New Hampshire $32,100
New Jersey $53,400
New Mexico $25,600
New York $48,600
North Carolina $29,500
North Dakota $29,200
Ohio $29,300
Oklahoma $21,200
Oregon $22,400
Pennsylvania $35,900
Rhode Island $49,800
South Carolina $30,600
South Dakota $29,200
Tennessee $26,900
Texas $30,200
Utah $19,700
Vermont $38,300
Virginia $33,300
Washington $25,600
West Virginia $26,500
Wisconsin $27,800
Wyoming $19,800

Worried about Wedding Costs?

When you’re adding up your wedding expenditures, don’t be too stressed if the total comes out to be higher than you had anticipated. However, you should avoid putting your heart and soul into the first location you visit or the first dress you try on. Most couples have been engaged for more than a year; be sure that part of your wedding planning process involves price comparisons. When it comes time to pay the deposits, keep in mind that you are not required to use credit cards to pay for anything.

  • It is also possible that some couples will choose to take out a wedding debt.
  • This might result in big savings if you have a relative who can serve as bartender or a good friend who could serve as photographer for the event.
  • One of the most efficient strategies to save money is to carefully choose the people who will be invited to your event.
  • The same may be said for close friends.

Keep in mind that $30,000 is only an average. It is possible that your wedding will spend much more or significantly less. Thinking about typical prices should just serve as a springboard for a conversation about what is most important to you and your spouse. ‍

How Much Does the Average Wedding Cost?

Wedding preparations may be a stressful and time-consuming affair. Making decisions about who to invite, where to have your event, and what to dress may be stressful enough without having to worry about the financial aspect of it. According to the wedding planning website The Knot, the average wedding cost in 2019 was $28,000. This amount reduced to $19,000 in 2020, however this was mostly due to the impact of the epidemic on social events. Many couples who are in the middle of arranging their wedding may be taken aback by the amount of money they will have to spend up front and on unexpected expenses.

This will help you avoid financial stress during your wedding preparations.

How Much Should You Spend on Your Wedding?

Oftentimes, weddings serve as a reflection of the personalities of the couple who are hosting the celebrations. As their family and friends assemble to witness their wedding celebration, their way of life, shared personal interests, and love for one another should shine through. Due to the fact that every couple is different, wedding budgets might differ significantly. The following are some costs that should be taken into consideration while couples work on their wedding finances:

  • The number of people who will be attending, as well as whether or not you will be offering a meal, beverage service, or an open bar
  • In order to organize the event, technology such as audio/visual equipment is required
  • The size of the venue and supporting services, such as teams for setup and cleanup
  • Catering and other expenditures incurred in connection with meal service
  • Live music, a DJ, or a combination of the two will provide entertainment for your guests. Wedding gown and tuxedo or suit, as well as a hairdresser and makeup artist Flowers, invites, and a wedding cake are all included. The wedding party and other essential family and friends will get gifts from you.

Average Cost of Wedding Vendors

The Knot is the source of this information.

How to Stay on Track with Your Wedding Budget

It’s frequently a good idea to create a dedicated joint bank account for your wedding expenditures in order to help you stay to your budget and keep wedding spending separate from your other resources. During the months leading up to your wedding, you and your partner can both contribute a specific amount to this account on a monthly basis. It is possible to handle wedding costs that tend to accumulate quickly, like as party favors, photographs, transportation and accommodations for out-of-town visitors with the aid of free budgeting tools and apps.

What are the items that you absolutely must have at your wedding, and what are the things that you are willing to give up if necessary?

Of sure, your wedding will be a memorable occasion for you and your future husband, but blowing your budget on it will not be a good way to start your new life together.

How to Save Money on Your Wedding

When it comes to managing spending, utilizing a specialized credit card may be a wonderful way to collect perks, such as mileage miles, that can be used toward your honeymoon vacation. However, you should bear in mind that if you do not pay off your purchases in a timely manner, interest charges can quickly accumulate and increase your overall debt sum. An interest-free credit card with no annual fee can provide you some breathing room to pay off these purchases without incurring interest charges for a limited period.

The greatest method of paying for a wedding, on the other hand, is with cash.

Making large sums of money available all at once might be challenging, so consider setting up automatic withdrawals from your bank accounts as early in the planning process as feasible to save a specified amount for your wedding fund.

Your wedding may be scaled back, certain costs reduced, or other alterations made to your plans if you are unable to fund the entire cost of the event. There are several options for doing so, including:

  • Plan an event for the off-season. The timing of a wedding is one of the most important elements in deciding the cost of the event, and even the day of the week on which the ceremony is performed may make a significant difference. Saturday and Sunday are the most popular days for weddings, and as a result, it is more expensive to have your wedding on those days. Couples may also opt to vary the date of their wedding depending on the time of year. According to The Knot, the months of January through March are the least popular months to organize a wedding, which may result in reduced prices from venues and providers. Save your money by skipping the pricey supper. Instead of offering a full dinner, it may be more cost-effective to provide hors d’oeuvres to guests instead. Simple modifications to the type of protein served at a wedding reception may have a substantial influence on the overall cost of the event. Chicken is a typical dish served at wedding receptions since it is significantly less expensive than seafood or steak. Have a no-frills wedding. While it is customary for alcohol to be served at weddings, a couple may choose to forego this tradition. According to The Knot, the average amount spent on alcohol at weddings is $2,300, indicating significant potential savings if alcohol is not included. In lieu of an open bar, you might set up a no-host bar where attendees pay for their own beverages, which is a more cost-effective choice than having an open bar. Reduce the number of people on the guest list. However, while it may be difficult to uninvite or omit friends or distant family members from the ceremony, the number of people who attend your wedding has a significant impact on the overall cost of the event. If you aren’t sure you can afford to accommodate all of your guests, hold off on sending out save-the-dates or wedding invites
  • Instead, consider a DIY wedding. Saving money by “doing it yourself” is the most difficult alternative available. DIY weddings allow couples to save money by assuming responsibility for things that would otherwise be handled by experts. To save money on your wedding decorations, you might construct your own table centerpieces, welcome signs, and other accessories instead of hiring someone else to do it. You’ll also have complete control over aspects like as color, style, and materials in this manner.

Preparing for the Big Day

Marriage has the potential to be the most expensive one-time expenditures that many individuals will incur in their lives, if not the most expensive. Unlike other major purchases such as a vehicle or a home, weddings come with the added stress and strain of setting the tone for your new life together with your partner. Planning for your wedding should begin as soon as you are engaged, but this does not imply that you should feel pressured to complete it quickly. Give yourself plenty of time to plan your wedding date, location, and other details, and keep finances in mind throughout the process.

As long as the financial aspects of your wedding are well-managed, you will be able to spend your wedding day enjoying your ceremony rather than worrying about how much it will cost.

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