If you’re engaged, you have a lot to plan until your wedding date arrives. This process can seem overwhelming, especially when you consider how much your big day might cost. It’s smart to know how to structure your budget because otherwise, you might break the bank.
Here’s what to know about the average cost of a wedding.
Average National Wedding Cost
In the U.S., the average cost of a wedding adds up to $28,000 for the ceremony and reception. If you add how much a typical engagement ring costs, you can raise the price to $33,900. This number increases even more when you consider what you’ll pay for a honeymoon.
It’s important to note that the averages fluctuate throughout different states, so you might pay more depending on where you live. For example, Californians can expect to spend more than even the national average. Therefore, you should consider your wedding’s location.
What Contributes Most to Wedding Cost?
Many things go into planning a wedding. Everything from vendors to guests to venues makes an impact. It’s crucial to consider what you value most while you build your budget. Let’s take a look at some of the priciest, but sometimes most important, aspects.
1. Guest Experience
There’s nothing more important to brides and grooms than guest experience. What couple doesn’t want to ensure their loved ones have a fantastic time? As a result, you’ll find that music, entertainment and food are top priorities. These costs can add up quickly.
2. Venue and Decorations
What about appearances? It’s no surprise that couples want their locations to look amazing. This expense goes toward initial venue costs, as well as additional touches like flowers. In fact, you may or may not already know that wedding flowers come at steep prices. It turns out that the average couple spends anywhere from $700 to $2,500 on floral arrangements.
Do you want to take professional photos at your wedding? If so, you’re like most couples. This expense will probably be one where you don’t want to compromise. Many brides and grooms say they cherish nothing more than professional photos and videos from their wedding days.
4. Dresses and Suits
Of course, you have to consider how much you want to spend on attire. It doesn’t cost that much to rent or buy a suit, but you can expect to pay several hundred dollars on a wedding dress. That’s an expense many brides don’t mind.
These are generally the most crucial wedding components to brides and grooms. In other words, if you’re going to spend money on anything for your wedding, you’ll likely put your cash toward these aspects. It’s up to your wants and needs, but you can expect things like venues and photography to impact the average cost of a wedding most.
How to Save Money on a Wedding
If you’re concerned about wedding costs, you shouldn’t fret! Remember that average wedding costs can seem inflated due to super expensive weddings, like $1 million destination events. There are many ways to reduce how much you spend without needing to compromise.
1. Plan Your Own Wedding
It can be beneficial to hire a wedding planner. They do essentially everything for you — but you pay a steep price for that help. If you have enough time and energy, you can plan your wedding by yourself. It’ll be more stressful, but you have endless tricks at your fingertips to help make things more straightforward.
2. Cut Down Your Guest List
This task won’t necessarily be easy. After all, you might want every loved one present for your big day. However, you can save money when you cut down your guest list. If you removed 20 people, you don’t have to shell out cash for table settings, food and drinks and other expenses.
3. Enlist Your Friends for Help
Do you know any bartenders or musicians personally? It might help to enlist their talents rather than pay someone else. They’ll likely be much more affordable. Plus, you already know what to expect, so you don’t have to worry about quality. This trick will help you skip pricey premium packages advertised by professionals.
Do your best to explore unique options so that you don’t have to spend a fortune.
Plan Your Wedding Without Breaking the Bank
Anyone who’s planning a wedding should start with their budget. That’s especially important when you consider that the average cost of a wedding can be pretty steep. There are many ways to save money, as well. Hopefully, you’ll be able to use this information to plan your wedding without going overboard.
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