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Exactly how much Does a Wedding Cost? The Increasing Cost of Australian Weddings

Friday, February 14th, 2020

Exactly how much Does a Wedding Cost? The Increasing Cost of Australian Weddings

Simply seven years back (last year), the typical price of A australian wedding ended up being simply over $25,000. By 2014, it had increased somewhat to almost $29,000. Based on our information, the common 2016 Australian wedding clocks in at around $30,400. Even though it might be tempting at fault wedding that is rising on simple inflation, a lot of people recognize that’s perhaps not the actual only real element to take into account.

When considering the cost that is rising of, it is additionally vital to consider the way the notion of a wedding has developed over time. Today, partners are constantly attempting to outdo one another and “wow” their visitors with extravagant set-ups and vendors. Gone are the times of having hitched in a church that is short and celebrating casually with family and friends. Rather, it is all about who are able to toss the absolute most lavish, unique, and party that is expensive.

Simply take the example that is recent of council’s deputy mayor Salim Mehajer along with his now possibly ex-wife, Aysha. With their wedding, the groom and groomsmen travelled to your ceremony by helicopter and a $50 million fleet of luxury activities vehicles, as well as the couple hired a jet to fly on the city having a “congratulations” signal in tow. This, as well as the walls of flowery plans, the fireworks display, and activity from Australian pop music culture icons, clearly set the club high for weddings in this country (and most likely skewed the costs that are average well).

Just how much are partners shelling out for their wedding?

Spend quantity per cent of partners
significantly less than $10,000 9percent
Between $10,000 to $20,000 31percent
Between $20,000 to $30,000 18percent
Between $30,000 to $40,000 21percent
Between $40,000 to $50,000 9percent
Between $50,000 to $60,000 7percent
Between $60,000 to $70,000 2%
Between $70,000 to $80,000 1%
Between $80,000 to $100,000 1%
significantly more than $100,000 1percent

Present Averages by Spending Category

With today’s typical Australian wedding now costing around $30,400, all those who have been involved (or that are considering getting involved with the near future) should very very carefully considercarefully what they are confident with shelling out for their big day and plan appropriately. (more…)