Results of the American Wedding Study 2016 – Some Interesting Findings

Wedding Study 2016 presented by BrideStLouis.com

I thought it would be good to share with you the results of the American Wedding Study 2016 published by Conde Nast.  They have been conducting this American Wedding Study for over 20 years.

Their study shows that today’s couples are spending more of their own money to have the wedding they want and they are seeking ideas and inspiration at a greater scale than ever before.  Couples prioritize personalizing their wedding as they are choosing to spend more in details that demonstrate their style.  The average price of “the dress” is now $1517, up from $1380 in 2014.  Couples are scaling back in other areas such as the number of guests – down to 135 from 142 in 2014.

In addition, 73% or paying for or contributing to the cost and since couples are investing their money, they have the freedom to spend it how they want without as much pressure from parents and traditions.  Couples are also taking the honeymoon and mini-moon and sometime putting their own twist on it by inviting family and friends on the vacation for a “buddymoon”.  The practice of including a “man of honor” is also on the rise.

And something we have noticed, couples are not adhering to the traditional “marriage first, children second” timeline.  By the time they marry 33% already have children.

Here are their findings on Key Expenses:

Average Wedding Cost is $26,522.

Average Reception price tag is $11,380.

Engagement Rings $5135

Photography $2099

Video $1533

Reception Music $1508

Wedding Bands $1725

Wedding Cake $417

Additional – the majority of couples set a wedding budget but 35% spend more than intended.  To save money on their dream wedding more couples choose Friday and Sunday dates.

70% use social media (Like BrideStLouis) to find wedding inspiration and their wedding style.

So – what do you think?   Tell us how you are prioritizing your wedding and what is important to you.

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