In what some are calling one sign of an improving economy, if at the expense of newlyweds, a new survey by The Knot finds that the average cost of a US wedding jumped to $31,213 last year, marking a five-year high when adjusted for inflation. In its eighth report, the wedding site reveals in a press release that when it came to the 16,000 brides and grooms married in 2014 and then surveyed, most couples split that bill evenly with the bride’s parents:Source: Marriage.com
On average, each footed 43% of the bill, with the groom’s parents chipping in 12%. In fact, only 12% of couples paid for their weddings themselves. And sticking to the budget is apparently tough: 45% of couples didn’t manage to do so (another 23% didn’t even make a budget). As for the dress, brides spent an average $1,357.
Original By: Newser