‘The Huge Cash Present’ hosts give their takes on ‘dry’ weddings and most popular presents.
The month of Could is right here, and with it comes the beginning of what’s usually thought-about wedding ceremony season within the U.S.
As {couples} rejoice their massive day and others attend weddings as company, some could marvel how a lot weddings usually price.
Weddings averaged $33,000 in complete price final 12 months, in line with The Knot’s “2025 Real Weddings Study.” That, the marriage planning useful resource firm discovered, marked a $2,000 decline from the prior 12 months.
There are a variety of elements that usually go into a marriage and reception, such because the venue, decorations, meals, pictures, transportation, DJs or a band, and different assorted bills.
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{Couples} spent $12,200 on common on their venue in 2024, in line with The Knot.
Catering averaged $80 per plate final 12 months, its report discovered. In the meantime, flowers and DJs had been four-figure bills, coming in at $2,700 and $1,700 on common.
The price of hiring somebody to seize pictures of a marriage was $2,900, The Knot stated.
Whereas The Knot has not but finalized knowledge for the everyday price ticket that weddings are trending in 2025, the general expense for {couples}’ massive day “can vary widely depending on several factors, including location, guest count, wedding style, and the number of vendors hired,” The Knot senior content material supervisor Hannah Nowack informed FOX Enterprise.
Weddings had been cheaper in sure states, like Utah, the place they averaged roughly $18,000 in 2024, or Iowa, the place the typical was $19,000, Nowack stated. New Jersey, Rhode Island and Illinois had been among the pricier states, averaging $57,000, $51,000 and $39,000, respectively.
Relating to the variety of company, weddings in 2024 with lower than 50 set {couples} again $15,000 on common, in line with The Knot 2025 Actual Weddings Examine. These with greater than 100 averaged $42,000.
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“While economic pressures continue to shape wedding planning, couples remain deeply committed to their celebrations: nearly eight in 10 say their wedding is well worth the investment, and about half rely on vendor guidance to stay within budget,” Nowack stated. “Still, nearly half of couples find that their initial budgets fall short of actual expenses, highlighting the importance of careful financial planning.”
Like many sectors, the tariffs that the Trump administration has put in place on items introduced into the U.S. from international nations in latest weeks are actually looming over the marriage trade.
“With the broad uncertainty around the imposed tariffs, it is difficult to predict exactly how the wedding industry will be impacted,” Nowack stated. “Through our conversations with financial and wedding industry experts, we’ve learned that if we continue to see tariffs go into effect, wedding vendors across the industry may experience price hikes on certain imported items, especially those who rely on imported materials sourced abroad.”
Wedding ceremony ceremony at lovely farm (iStock)
Bar companies, florists and style are among the wedding-service suppliers dealing with the results of tariffs, in line with The Knot.
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A separate survey launched by LendingTree in late April discovered 46% of newlyweds largely paid for his or her massive day by tapping into their financial savings.
Simply shy of 1 / 4 turned to bank cards, whereas smaller percentages had monetary help from their mother and father (16%) or used a private mortgage (11%) to foot the invoice, the survey discovered.
Solely 2% of newlyweds reported they “didn’t pay for any wedding expenses,” in line with LendingTree.
For his or her weddings, 67% of newlyweds took on some type of debt, it indicated.
