The average wedding just hit $29,000 | CNN Business

  • 📰 CNN
  • ⏱ Reading Time:
  • 24 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 95%

Business News News

Business Business Latest News,Business Business Headlines

The average cost of a wedding, nationally, this year is $29,000, up $1,000 from 2022, according to online wedding planning site Zola. And in some big US cities, the cost is $35,000 and above.

Weddings are back, in full force. That’s the good news. But engaged couples will pay a tad more to get hitched in 2023. The price tag for a happily-ever-after day is higher year-over-year for two reasons, said Zola - inflation and demand exceeding supply of wedding related goods and services. “Wedding industry vendors have had to raise their rates because they’re also paying more for goods and services like food, flowers and labor,” Emily Forrest, Zola’s director of communications, told CNN.

But unique can also inflate costs. “Unique weddings are having a moment with the onset of hyper-personalization, meaning couples are drawing out influences most meaningful to them and infusing these touches into their wedding day details,” said The Knot’s Lee. “For example, history buffs are interested, as of late, in an antiquities-themed wedding or honeymoon that may involve an ancient book reading or coin motifs from the Byzantine or Roman Empires.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 4. in BUSİNESS

Business Business Latest News, Business Business Headlines