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How Much Does It Cost to Tie the Knot?

Stats mislead on average price of US weddings

By Caroline Zimmerman,  Newser User

Posted Aug 24, 2007 6:58 PM CDT

(Newser) – The notion that Americans are blowing vast sums of money on weddings is debunked by the Numbers Guy at the Wall Street Journal. The figure is often touted that the average US wedding costs $30,000; in fact, it's closer to half that price. Carl Bialik says the surveys, distributed by the bridal business, are skewed by interviewing only couples likely to splurge on nuptuals, and excluding those who opt for modest civil ceremonies.

Plus, he notes, if just one couple in a survey spends outrageously, the mathematical average misrepresents the group. The $15,000 median price of a wedding is a fairer benchmark. Current numbers can "confuse and mislead the brides," said one executive, and end up being a self-fulfilling prophecy.

In a society where wedding is synonymous with expensive, how accurate is the stereotype?
In a society where wedding is synonymous with expensive, how accurate is the stereotype?   (Index Open)
Bridesmaids enjoy a fully stocked Hummer-limo on their way to an increasingly rare expensive wedding.
Bridesmaids enjoy a fully stocked Hummer-limo on their way to an increasingly rare expensive wedding.   ((c) Amanda Benham)
Despite surveys skewed by pricey exceptions, American weddings are getting cheaper.
Despite surveys skewed by pricey exceptions, American weddings are getting cheaper.   (Shutterstock.com)
Although popular estimates put the average wedding cost at $30,000, most Americans seem to be spending half that or less.
Although popular estimates put the average wedding cost at $30,000, most Americans seem to be spending half that or less.   (Index Open)
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