TheKnot.com and WeddingChannel.com have just released statistics on wedding spending for 2011. The results show that the national average wedding expenditures increased for the first time since 2008, a very good sign that the economy is turning around or at the very least, that couples are feeling more confident paying a bit more for their big day.
Here are some of the findings for 2011, from their recent nation-wide survey:
- The average cost of a wedding, excluding the honeymoon, was $27,021
- Purple was the fastest growing wedding color
- 3 out of 5 brides used their smartphones as part of their planning.
- More wedding are occuring in the Fall, and many trended towards less-formal-than-years-past
- The planning process is starting earlier, with 16% of brides beginning their planning even before they have a ring!
It is important to know that spending habits differ in different regions of the country, and from state to state. Couples in New York for example, tend to spend 24% more than the average U.S. couple (theweddingreport.com). Here in Michigan the average wedding was $23,581 in 2011, slightly below the national average, according to theweddingreport.com.
Here is a breakdown of the national average amount spent by brides on each wedding vendor:
- Reception Venue: $12,116
- Engagement Ring: $5,130
- Reception Band: $3,122
- Photographer: $2,299
- Ceremony Site: $1,599
- Wedding Gown: $1,121
- Florist/Decor: $1,894
- Videographer: $1,486
- Wedding Planner: $1,753
- Rehearsal Dinner: $1,078
- Reception DJ: $929
- Transportation: $669
- Ceremony Musicians: $536
- Wedding Cake: $535
- Invitations: $331
- Favors: $217
- Catering (cost per head): $61
(All statistics are from a Real Wedding Survey according to TheKnot.com and WeddingChannel.com).