Thursday, May 26, 2005

Wedding Costs Increase But Fewer Parents Footing The Bill

NEW YORK (Wireless Flash - FlashNews) – The cost of tying the knot isn’t getting any lower.

According to a survey conducted by the Fairchild Bridal Group, the average American wedding now costs a whopping $26,327.

However, only 25 percent of parents are footing the bill for the elaborate weddings – a 13 percent decrease since 1999.

Part of the price increase is due to the average price for engagement rings jumping 39 percent, from $2,982 in 1999 to $4,146, while wedding rings that cost $1,060 back then now go for $1,651.

Other wedding costs that have risen include the price of a good photographer, which has skyrocketed 103 percent from $1,263 to $2,570.

  • Music for the wedding and reception has zipped up 68 percent from $745 in 1999 to $1,250.

  • The price of the rehearsal dinner has boomed 51 percent from $762 to $1,153.

  • Finally, the price of wedding flowers has risen a blooming 45 percent from $775 to $1,121.

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