Average Wedding Costs Plummet

Couples in love have continued tying the knot during the recession, but they're spending a lot less money doing it. The average cost of a wedding in the U.S. was $30,000 in 2007, an approximation that has since been reduced by nearly 30 percent. According to statistics from market research firm The Wedding Report, the average cost for a wedding in 2008 was $21,814 and that price tag was already slashed to $19,219 in the first quarter of 2009.

The figure represents a national average, and like anything else cost will vary depending on geography. The higher your cost of living, the more you'll probably pay for the big day. Beautiful weddings can be done on a small budget, but it's a good idea to understand the average cost of things in your area so you can plan accordingly and have an idea of the difference between a deal and a premium quote. Curious what couples are shelling out in your city? Try entering your ZIP code at CostOfWedding.com, a site operated by The Wedding Report.

 

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