Report: Average Cost of Weddings Over $30,000

Local News
(CNN) – We all know weddings are not cheap, but there is a lot that goes into putting together that perfect day.

According to a new study by “The Knot,” couples spent an average of over $31,000 on their weddings last year.

That’s up more than 4% from 2013.

Some of the areas where couples used up most of their budgets include the venue at about $14,000, the engagement ring, which comes in at $5,800,
and then there’s the band, which averaged about $3,500.

While couples are spending about $68  on catering for each of their guests, those guests aren’t returning the favor. The average cost of a gift will drop from $109 last year to $106 this year.

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