The most popular months for marriage are June, August, September, and October. If you want to get hitched during wedding season, you have the option of choosing a wedding with beautiful weather or a ceremony with charming fall foliage as the backdrop.
While wedding season is undoubtedly a time for romance and fun, it is also a time for draining bank accounts.
And, I am not just talking about the bride and groom coughing up serious cash; I am also referring to the wedding guests.
As LendEDU recently found out, marriage ceremonies require quite the investment from the guests in attendance.
LendEDU, a personal finance marketplace, conducted a poll of 1,000 Americans that have attended a wedding in 2017. The results showed that the privilege of being a wedding guest comes at a cost.
According to the study, the average price per wedding for an individual guest in 2017 is $1,386.22. That figure accounts for all expenses, which will be discussed later.
The average cost of a wedding of $1,386.22 was calculated by summing together the various costs for a wedding guest, including travel, wedding gifts, clothing, and other miscellaneous expenses.
When respondents were asked to estimate how much money they spend on travel for each wedding, the average answer was $529.38. Travel can certainly rack up quite the tab, and LendEDU told poll participants to include flight tickets, gas, hotel rates, and other travel expenses associated with a wedding. Travel was the biggest expense for wedding guests in 2017.
The next largest expense was the wedding gift. The average American wedding-attendee spends $329.55 per marriage ceremony on a wedding gift. When LendEDU asked how the respondents were planning to give their wedding gift, 33 percent said they would buy a gift off the registry, while 32 percent said they would give cash or a check. 3 percent said they do not get a wedding gift, yikes!
After wedding gifts, miscellaneous expenses were the next highest cost. Miscellaneous expenses accounted for $303.62 of the $1,386.22 spent per wedding by each guest.
Finally, clothing expenses rounded out the total money spent by a wedding guest for each hitching ceremony. On average, a wedding guest spends $223.67 on clothing expenses including buying a new suit or dress, going to a professional cleaner, or buying any new clothing article like a pair of shoes.
In summation, weddings, for however much fun they may be (and they definitely are a good time!), can become quite expensive events. Wedding guests should be wary to attend every single marriage ceremony they are invited to unless they are ready to spend over $1,000 on each wedding.