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.
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