How much will an 'average wedding' set you back?
CAN you really put a price on love?
According to a new survey you can, and it's less than $5,000.
ServiceSeeking.com.au revealed lavish weddings were a thing of the past, with 32 per cent of people tying the knot for less than $5,000.
A further 28 per cent managing to say "I do" for less than $10,000 since 2010.
So if you think you need to break the bank and pull out all the stops for a lavish wedding, you are among the minority with just four per cent spending more than $50,000 on the big day in the last five years.
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ServicesSeeking.com.au chief executive officer Jeremy Levitt believes the big bucks are instead being funnelled into larger mortgages.
"But sticking to a budget doesn't mean cheap and nasty," he said.
"Even those on the stringiest of budgets can find many of their wedding services easily online and at a fraction of the price they are expecting."
And like most things today, wedding trends seem to have gone full-circle.
More than half (53%) of couples married in the 70s spent less than $5,000 on their wedding, with 20 per cent spending the same amount in the last five years.
But our average weekly wages are about ten-times higher ($1516 today, compared to $155.90 then).
- 66% of brides were still able to have their hair done;
- 69% still hired a venue;
- 28% made their own invitations to save costs;
- 17% had a friend make the cake;
- 19% used their own cars or DIYd flowers so they could spend their budget elsewhere.