Planning a wedding is a lot of work and unless you plan weddings professionally you’re probably not 100% sure where to begin. Whether you’re thinking about getting engaged or already have begun planning the big day there’s a lot to consider and you probably have more than a few questions. That’s where WeddingWire’s The 2015 Newlywed Report comes in handy. They surveyed 6,000 couples across the United States to learn all the wedding FAQS, stats and facts you could possibly need or have to plan the perfect wedding. The 2015 Newlywed Report compiles all this information into 5 categories and a number of beautiful infographics to help you make more informed decisions when planning your nuptials. Here, read all about Overall Spending & Trends where you’ll find answers to your questions regarding paying for the wedding and breaking down the cost.
Paying for the Wedding
Setting a budget is one of the top priorities for a couple as it dictates many decisions throughout the process. Data shows 50% of couples pay for the majority of their wedding, while the remaining half’s parents or family pays for a majority.
Despite budgeting and planning, 74% of couples come in over budget. Only 10% of couples report coming in on budget and 16% under budget.
Breaking Down the Cost
As we breakdown the average wedding spend by age, couples in their thirties spend approximately $32,000, roughly $10,000 more than those both younger and older.
The amount spent also fluctuates based on whether it’s a first or 2+ wedding for either individual. Those who are re-marrying spend approximately $21,000 as opposed to first marriages at $30,700.