Written by Katie Byrne, published 6th march
Piggy banks at the ready, brides...
New research has uncovered how much the typical wedding will cost in a decade’s time.
According to the study, conducted by money.co.uk, the average 2028 celebration will cost £32,064.
The figure, reached after analysis of 80 years worth of data from the Officie of National Statistics, showed that whilst 2018 weddings will cost around £27k, there’s set to be £5k rise in the price tag if figures grow at the rate suggested at by history.
Unsurprisingly, the priciest elements of 2028 nuptials will remain much as they do now, with the venue, the honeymoon and the catering collectively accounting for almost a third of the figure.
Whilst £32,064 is a few thousand more than the 2018 price tag, it’s a significant rise from the previous decade; for example, the typical 2006 wedding cost £18,733, meaning a price increase of around 60%.
The moral of this story? Marry sooner rather than later, says we…
According to the research, the average couple is currently putting away £106 per month for their dream wedding. Want to up your saving game? Click here for 12 ways to start saving today!