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Weddings are back — and more expensive than ever.
After two years of cancellations and postponements, an estimated 2.5 million couples are expected to get hitched in 2022, according to The Wedding Report, a research company that collects and forecasts wedding statistics.
All that pent-up demand — plus inflation and supply chain issues — are driving up prices on everything from floral arrangements to bridal dresses.
“I think the biggest issue is that many of the popular vendors and locations are booked up this year and into next year,” said Shane McMurray, CEO of The Wedding Report. “Because that’s the case, other options are also getting booked and pushing prices up.”
Expect an average wedding to cost around $27,000 this year, according to a forecast by The Wedding Report. That’s up 12.5% from pre-pandemic levels.
Getting married in exactly the way you want can mean spending much more than you would have before the biggest wedding surge in 40 years began.
But we’ve got dozens of ways to save money on your wedding. If you want to walk down the aisle in style without breaking the bank, prepare to be flexible, creative and patient.
How to Save Money on a Wedding
Your final wedding cost will depend on many factors, including the guest list size, the number of vendors you hire, food, location and more.
So start by creating a short list of “must haves” for your big day. Be willing to compromise or think outside the box on everything else.
“Setting priorities will get you grounded and help you stay on target with your budget,” McShane told The Penny Hoarder.
For example, if you and your fiance care most about food, scale back spending on flower arrangements and ask a friend with a good camera to be your photographer.
Ready to create a beautiful celebration of love without the financial heartache? Here are our 90 best expert tips on how to save money on every aspect of your wedding day.
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