It's common knowledge that weddings are tough on the bank account - what you may not know, however, is just how much of a hit your/your parents' funds will take. Value Penguin outlines the average cost of tying the knot in America, and let's just say it isn't as pretty as the fancy white dress.
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The average cost of an American wedding in 2016 is $29,858.
. . . But it varies from state to state. In Southern Florida or Chicago, for example, the typical price of a wedding runs about $50,000. In Manhattan, specifically, you might be forking over $88,176 (yikes!). There's a silver lining: if you plan to say "I do," in Mississippi, it'll only cost you a little over $12,500. Iowa's another comparatively low figure at $13,637. In west Texas, the average cost is capped at $13,904. All (your money) is not lost.
So why is a wedding valued in the tens of thousands of dollars, anyway? Well, there's a lot to cover. The Knot breaks it down:
- Parking/transportation: 2-3 percent
- Stationary: 2-3 percent
- Attire: 8-10 percent
- Flowers: 8-10 percent
- Reception: 48-50 percent
- Ceremony: 2-3 percent
- Photography/videography: 10-12...