Monday, March 11, 2013

USA average wedding bill in 2012: USD 28,400

Brides and grooms spent more on their big wedding day last year than they have since the beginning of the economic downturn.



In 2012, newlyweds (and their families) spent an average of USD 28,427 on weddings and related events the highest amount since 2008, according to an annual survey of 17,500 couples released by wedding website TheKnot.com.

Couples increased spending in nearly all categories, from the photographer and wedding DJ to flowers and invites, the survey found. But spending still came in below the 2008 high of USD 29,334.

Same-sex couples, who were surveyed for the first time in 2012, spent slightly more on their weddings than heterosexual couples, despite having fewer guests.
                                          
Couples in Manhattan dropped the most cash, with an average wedding budget of USD 76,687. Other pricey wedding destinations included Chicago (USD 49,810), northern and central New Jersey (USD 48,496), Santa Barbara and Ventura, Calif. (USD 42,319) and Boston (USD 39,239).
                                          
Alaska, meanwhile, was home to the most frugal affairs, with an average budget of USD 15,504.
A smaller percentage of respondents said the struggling economy was a damper on their wedding plans. In 2012, 26% of respondents said the economy had affected their budget, down from 29% in 2011 and 34% in 2009.
Source : CNN Money

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