SEARCH

Entries in Cost of a Wedding (2)

Saturday
Mar092013

Twenty Most Expensive Places to Get Hitched

Stockbyte/Thinkstock(NEW YORK) -- New York City continues its reign as most expensive place to get married in the U.S. with couples spending $76,787 on average, according to the annual Real Weddings Survey by TheKnot.com and WeddingChannel.com.
 
The survey revealed that the average amount couples spend on weddings in the country reached a high since 2008 at $28,427, not including the honeymoon. Spending in nearly every category also increased, including money spent on a photographer, venue and wedding planner.

"In general, you're seeing couples a little more comfortable with their pocket books," said Anja Winikka, site editor for TheKnot.com. "Most spending is up across the board. They're adding a few more flowers. They're going for the higher-end dress."

The average amount spent on a wedding dress in 2012 was $1,211, compared with $1,121 in 2011. The average number of guests is 139.

This year, spending per guest increased to $204 from $196 in 2011.

"Couples are concentrating on their guests and creating a holistic experience for guests. It's not just about a dazzling dress and me, me, me," she said.

More couples this past year, one in four, provided shuttles and buses for guests to attend their wedding.

New York City has been the most expensive place to get married in the country since TheKnot.com began asking this question in 2007. The least expensive place to get married is Alaska, with an average of $15,504 per wedding.

Winikka said the amount of spending is likely tied to rent and the cost of living.

"To own and run a business in Manhattan is that much more expensive than in the rest of the country," she said.

New to this year's list of 20 most expensive places to get married are Savannah, Ga. (17th), Sacramento/Reno/Tahoe (18th), and Illinois (20th).

1. New York City (Manhattan)

Average spent per wedding: $76,687

2. Chicago

Average spent per wedding:$49,810

3. New York Metro (Long Island, Hudson Valley and NYC Outer Boroughs)

Average spent per wedding, respectively: $49,002, $46,300, $39,602

4. Northern/Central New Jersey and Southern New Jersey

Average spent per wedding, respectively: $48,496, $35,375

5. Rhode Island

Average spent per wedding: $47,399

6. Santa Barbara/Ventura, Calif.

Average spent per wedding: $42,319

7. Boston

Average spent per wedding: $39,239

8. Philadelphia

Average spent per wedding: $38,369

9. Connecticut

Average spent per wedding: $38,009

10. San Francisco

Average spent per wedding: $35,344

11. Los Angeles

Average spent per wedding: $35,308

12. San Diego and Orange County/Inland Empire, Calif.

Average spent per wedding, respectively: $34,136, $33,848

13. Baltimore

Average spent per wedding: $33,366

14. Washington, D.C./Northern Virginia

Average spent per wedding: $33,118

15. Houston

Average spent per wedding: $31,978

16. Southern Florida (Miami, Fort Lauderdale and surrounding areas)

Average spent per wedding: $31,288

17. Savannah, Ga.

Average spent per wedding: $30,618

18. Sacramento/Reno/Tahoe

Average spent per wedding: $30,458

19. Hawaii

Average spent per wedding: $29,636

20. Illinois

Average spent per wedding: $29,489

Copyright 2013 ABC News Radio

Friday
Aug102012

Cost of Weddings Declining; Couples Are Still Going Over Budget

Altrendo images/Thinkstock(NEW YORK) -- While $27,000 can buy a nice car or be used as a down payment on a house, newlyweds in the U.S. would sooner spend it on their special day.

Since you only get married once -- well, that’s the general intention, at least -- no one can really blame couples for spending a small fortune on their wedding and reception.

Brides magazine in its annual survey says that the average cost of a wedding is now $26,989, which is down more than a grand from the 2008 peak of $28,082. However, David Jones, president of the Association of Independent Consumer Credit Counseling Agencies, thinks that couples could be a lot more frugal if they weren’t brainwashed by friends, family and fantasies of celebrity weddings.

The Brides survey, conducted in May with over 1,270 responses, found that while nine in ten couples set a budget, 30 percent go over it anyway, including 40 percent of those who plan destination weddings.

To help pay for the wedding and reception, seven in ten couples dip into their savings account, while 30 percent will use credit cards.  Most are confident of settling all their debts within six months after walking down the aisle.

While it’s always nice to have parents foot the bill for the affair, 62 percent of couples say they’ll either pay for part or all of the reception.  That includes 36 percent who claim they’ll take care of the entire cost.

As for what the wedding will do to their personal finances, 54 percent of couples say that the price tag, no matter how high, won’t derail their future plans to buy a car or a house or even start a family.

Copyright 2012 ABC News Radio







ABC News Radio