Weddings

Wedding Wednesday: Wedding budgets growing

The knot.com wedding survey released a few weeks ago reveals national and regional statistics on the average cost of a wedding, how it is budgeted, the average number of wedding guests, spend per guest, wedding style trends and other key statistics related to weddings in America.

wedding statistics, wedding ringsIn a previous blog post, we discussed the average wedding cost in the U.S., which is $31,213.

In another post, we looked at the most expensive places to get married. Southern Florida makes the top 25 list of the most expensive places to get married. It’s no surprise that at the top of the list is New York.

Here are some other highlights from the study:

  • Most Expensive Place to Get Married: Manhattan, $76,328 average spend
  • Least Expensive Place to Get Married: Utah, $15,257 average spend
  • Average Spent on a Wedding Dress: $1,357
  • Average Marrying Age: Bride, 29; Groom, 31
  • Average Number of Guests: 136
  • Average Number of Bridesmaids: 4 to 5
  • Average Number of Groomsmen: 4 to 5
  • Most Popular Month to Get Engaged: December (16%)
  • Average Length of Engagement: 14 months
  • Most Popular Month to Get Married: June (15%) followed by October (14%)
  • Popular Wedding Colors: Ivory/White (44%), Blue (37%), Pink (28%), Metallics (26%), Purple (23%)
  • Dark blue specifically has continued to grow every year, from 10% in 2008 to 24% in 2014
  • Percentage of Destination Weddings: 24%

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Other trends:

On average, the bride’s parents contribute 43%, the bride and groom contribute 43%, and the groom’s parents contribute 12% of the total wedding budget (others account for the remaining 2%). Only 12% of couples pay for the wedding entirely themselves.

In 2014, 45% of couples went over budget, about 1 in 4 (26%) of couples stayed within their budget, and only 6% of couples came out under budget. 23% didn’t even have a wedding budget, up from 17% in 2009.

More couples are using save-the-dates. The percentage of couples who used save-the-dates was 75% in 2014, compared with 72% in 2013 and 57% in 2009. In 2014, 50% of couples had their save-the-dates professionally made, up from 29% in 2009.

The Knot 2014 Real Weddings Study eighth annual report, the largest of its kind, surveyed nearly 16,000 US brides and grooms married in 2014 to uncover the financial spending habits and trends of real weddings in America.

At Cre8 Salon and Spa, we can tell you the local trends in hairstyles and more. You can visit our website or give us a call at 239-458-2704.

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