Weddings Are Quickly Becoming More Expensive, Here Is How to Save on Them

By: Julia Mehalko | Published: Mar 03, 2024

While everybody may know that weddings can quickly become costly, a lot of people don’t realize how expensive they can be until they’re the ones getting married. Then, they realize just how much they’ll have to put down for the wedding of their dreams.

Weddings have quickly gone up in price as more and more people look to splurge on their big day. However, there are ways to save when getting married.

How Much People Spend on Weddings

In 2023, the average cost of a wedding was $35,000 — a $5,000 increase from 2022’s stat. As many people want to have a wedding they will always remember, they’re willing to pay this amount.

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A close-up of a bride and groom holding hands outside, with green grass behind them, during their wedding.

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Of course, there aren’t a lot of people who can easily just splurge on a $35,000 wedding. Many have to save up, use credit, or take out a loan to pay for this large sum. Looking at where this $35,000 goes — and what it pays for — can help many understand why weddings cost so much.

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Paying for a Venue

For the most part, paying for a venue is where the bulk of the wedding money goes. On average, $11,200 is dedicated to people’s venues, alone.

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A bouquet of flowers beside chairs and an aisle at a wedding venue.

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As the venue is where the entire wedding will take place, this makes sense. People often want to splurge in this area, as they want to wed in a place they like.

The Cost of Live Music

Once you have the venue secured, you might want to invest in ensuring you have some music for the actual ceremony. Some prefer hiring a live band, while others may be fine with a disc jockey to play music. Regardless, both options cost a pretty penny.

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A bassist member in a band, surrounded by others, playing and singing into a microphone.

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On average, a live band will charge about $3,900 to play at a wedding. Meanwhile, a disc jockey costs about $1,500.

Hiring a Photographer

A photographer is essential, as you’re going to want pictures of your big day. However, hiring a qualified photographer can quickly become pricey. The median cost of a wedding photographer in 2023 was $2,600.

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A woman using a camera takes a photo of a bride and groom at their wedding while outside on green grass.

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Do you want a videographer for your wedding as well? That will cost extra — to the tune of another $2,100 payment.

Finding the Perfect Wedding Dress

Of course, one of the first things many brides-to-be do after getting engaged is begin their search for the perfect wedding dress. This quest can take weeks, if not months. One’s ideal dress can also be quite expensive.

A bride wearing a wedding dress, flowers in her hair, as she looks out the window and pulls back white curtains.

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According to recent stats, a wedding dress can cost about $1,900 on average. Obviously, this price can vary, depending on each individual bride.

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Investing in an Engagement Ring

An engagement ring is the second most expensive purchase in a wedding, behind the venue. Some don’t include the price of a ring in wedding costs. However, it’s important to be aware of this extra price — as it can be costly.

A close-up view of a person wearing a diamond engagement ring with a gemstone in the middle.

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The median cost of an engagement ring is $5,800. However, many rings can cost double that and reach to upwards of $10,000.

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Hiring a Florist

As no wedding is complete without a good amount of flowers, hiring a florist is also necessary. The total price of a florist may vary, depending on how many flowers you order. On average, hiring a florist costs about $2,400.

A close-up view of a bunch of pink and white flowers.

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If your order contains quite complex flower arrangements, this price will likely rise. A higher price may also occur if your order has a lot of stems.

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Organizing a Rehearsal Dinner

Before the big day, the families who are part of the wedding traditionally hold a rehearsal dinner. Everybody gathers around and eats a nice meal as they prepare for the union of these two families.

An elegant table ready for dinner, with empty glasses and plates around the surface.

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While a rehearsal dinner is always a nice touch to the wedding festivities, it’s also often very expensive. For the most part, rehearsal dinners cost about $2,400. Depending on the location, this price can greatly rise.

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The Cost of a Wedding Changes by Location

While all of these little factors and payments go into the total cost of a wedding, you still have one major thing to think about if you’re getting married: location.

A wooden wedding arch draped in white fabric with a bouquet of flowers attached to it outside by trees.

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It can be more expensive in certain states in America to get married. For example, New Jersey remains one of the most costly states to wed at $44,000. Utah, meanwhile, is cheaper at $18,000. If you’re throwing a destination wedding, you’ll likely spend more than $35,000.

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How to Save When You’re Getting Married

When you’re planning your wedding and looking at all these costs, it can feel difficult to understand where to save money. However, it can be done. Many people get married in cheap or free venues — such as their own backyard — to save money. If you don’t want to cut costs at your venue, find other areas to do so.

A close-up of an old red car with a married couple in the distance and the bride wearing a vintage-style wedding dress.

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For example, buying a vintage wedding dress can help you save money in one area. Using a small amount of flowers strategically instead of a massive amount could also help.

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Why You Should Think About Debt

As you organize your wedding, take the time to think about your financial situation. If you’re thinking about taking out a loan to cover this wedding, consider whether this is the best option.

A bride and groom at a wedding with people and sparklers around them in the evening.

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It’s never great to start a marriage in debt. If you have a good financial situation, as well as some savings, you might feel more inclined to take out this loan and feel assured you’ll pay it off quickly. As everyone is in a different financial situation, it’s important to understand what’s best for you and your spouse.

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