The Average Cost of a Wedding is Up From Last Year
The average guest list in 2022 was 117 guests and experts say it could be lower this year.
The latest data shows that the average cost of a wedding is up and it’s more than double the price it was 30 years ago. For 2023, on average, tying the knot will set you back $29,000 and that’s a bargain for people in some big cities, where the costs can easily soar past $35,000. Wedding costs have been steadily climbing for decades but, like a lot of things, recent increases can be blamed on the pandemic. A lot of people delayed weddings that could’ve happened in 2020 and 2021 and now there’s been a surge in demands for venues, photographers, wedding planners, florists, and wedding cakes. Plus, prices rise with demand. The average guest list in 2022 was 117 guests and experts say it could be lower this year, with people trying to cut costs.