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Every couple wants their wedding day to be perfect, but the cost of planning and hosting a wedding keeps going up. Wondering how much you’ll need to budget for your big day? Check out this infographic that outlines the inflation cost of weddings from 2020 to 2022. You might be surprised at just how much prices have increased! Planning a wedding can be daunting, but knowing what you’re up against financially can help make things a little easier. So, whether you’re just starting to plan your nuptials or are well into the process, be sure to keep this data in mind.
We will take a look at the inflation cost of weddings from 2020 to 2022. We will also explore some of the factors that influence this cost. Congratulations and happy planning!
Cost of a Wedding Since 2020 To 2022
It’s no secret that weddings are expensive. The average cost of a wedding in the United States is $33,391, according to The Knot’s 2019 Real Weddings Study. But what might be even more surprising is how quickly those costs can add up. In just three years, the average cost of a wedding has increased by over $3,000! And when you factor in inflation, that number is even higher. So, if you’re planning a wedding shortly, it’s important to be aware of these rising costs.
~~~Wedding Cost Inflation from 2020-2022~~~*Note: All figures are in U.S. dollars*2020 $33,391 2021 $34,764 (+4.2%) 2022 $36,156 (+4.2%)*
As you can see, the cost of a wedding is on the rise. And while there are ways to save money on your big day, it’s important to be prepared for these increased costs. So, if you’re planning a wedding before the wedding announcements be sure to factor inflation into your budget. Otherwise, you may end up spending more than you originally intended!
How to save money on the wedding:
Of course, with the cost of weddings on the rise, you may be looking for ways to save money on your big day. And there are a few things you can do to help offset the cost of inflation.
First, consider booking your wedding date well in advance. This will give you more time to save up for the increased costs. Additionally, try to be flexible with your wedding date and venue. If you’re willing to get married on a weekday or during off-peak months, you may be able to get a better deal.
Use wedding table cards:
Wedding table cards are a great way to save money on your big day. By using table cards, you can eliminate the need for expensive place settings. Plus, they’re a great way to add a personal touch to your wedding reception.
Get creative with your wedding cake: If you’re looking to save money on your wedding cake, consider getting creative with the design. For example, you can opt for a smaller cake or cupcakes instead of a traditional tiered cake. Or, if you’re having a destination wedding, you can ask your guests to bring their favorite dessert. DIY your wedding flowers: Another great way to save money on your wedding is by dying your flowers.
Finally, don’t be afraid to negotiate with your vendors. If you have a tight budget, they may be willing to work with you to create a package that fits your needs. While the cost of a wedding is on the rise, there are still ways to save money.
Conclusion:
If you’re planning a wedding, it’s important to be aware of the rising cost of inflation. By booking your wedding in advance and being flexible with your date and venue, you can save money on your big day. Additionally, consider using table cards instead of place settings and dying your flowers. With a little bit of effort, you can have the wedding of your dreams without breaking the bank!
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