Nearly 40 percent of couples exchanging vows in 2014 spent $10,000 or less on their weddings, according to The Wedding Report, a research company that tracks wedding industry trends.
“Not everybody buys everything,” Shane McMurray, CEO, The Wedding Report, told USA Today. “People that are spending that little, they’re basically just not spending money on certain things. They’re not spending $20,000 on the venue. Maybe they did it in someone’s backyard.”
The average spent on a wedding in 2014 was about $26,400, according to The Wedding Report, while The Knot reported the average was a bit higher.
A recent survey conducted by The Knot revealed the average wedding cost is approximately $31,200, but notes price is skewed by cost of services in different areas and advises weddings cost more in large urban areas.
USA Today offered a number of money-saving tips for those who are planning nuptials and trying to cut costs. Sarah Shewey, founder and CEO, Happily, a wedding planning service, recommended in a USA Today article to cut the guest list. Shewey noted the number of people invited significantly affects the price of the most expensive features of a wedding, including venue, catering and furniture rentals.
Skipping the wedding planners also can dramatically cut costs, with a full-service planner costs an average of about $3,000, according to The Wedding Report. Reconsidering timing also can help, with a Friday or Sunday wedding likely being less expensive than a Saturday wedding.
USA Today also advises only serving beer and wine, noting open bars are still possible, just without the hard alcohol in order to save money. Buying wholesale can also reduces costs.
Read This Next
All-Inclusive Elopement Packages
Wedding
Jul 11, 2015#TrazeeTravel
Insta FeedSurveys
Mar 26, 2024Study Discovers Destinations Where Hotels are Cheaper Than Home Rentals
For the longest time, travelers touted home rentals as an affordable alternative to hotels. However, is that really the case? Do you really get more for your money when you book an Airbnb versus a hotel room?
Sponsored Content
Unearth Seoul’s Hidden Gems
Filled with hidden treasures waiting to be discovered, Seoul invites travelers to unearth its many gems, and Seoul Tourism Organization is here to help travelers do just that. Through thoughtfully created initiatives like the Theme Tourism County Competition, Seoul Tourism Organization works closely with local districts to identify and showcase what makes each district unique and charming in all seasons.
Slideshow
Mar 26, 20245 Must-See Sites in Tallinn, Estonia
It’s time to start dreaming of your next trip. Here are five must-see sites in Tallinn, Estonia.
Destinations / North America
Mar 26, 2024A Trendy Lifestyle Hotel Opens in Downtown Nashville
Nashville, Tennessee, is now home to a new trendy hotel, located half a block from Broadway and steps from shops, restaurants and entertainment venues. Tempo by Hilton Nashville marks the second property to open nationally from Hilton’s stylish new brand. The hotel, which officially opened its doors Feb. 15, features 306 rooms across 16 floors.
Sponsored Content
Interior Upgrades Begin Rolling Out Across United Fleet
United Airlines is in the midst of a major initiative to modernize its fleet over the next several years. After first announcing the plan in 2021, planes fitted with United’s signature interior are finally beginning to appear across the airline’s narrowbody fleet of Boeing and Airbus planes. United flyers are sure to notice these enhancements from the moment they step on board: Each new or updated plane sports remodeled seats, seatback entertainment screens for everyone, Bluetooth connectivity and more, all adding up to a better experience on every journey.
Destinations / North America
Mar 25, 2024What to Expect at the 2024 Beachlife Festival
If you’re planning to attend Beachlife Festival 2024, May 3–5 in Redondo Beach, California, you have a lot to look forward to. The three-day event offers a packed schedule of music, art and culinary fun.
ShareThis