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Metro Creative Services

A number of variables affect how much engaged couples will spend on their weddings.

Personal preferences, location and the season in which couples get married are just some of the factors that can affect the final cost of a wedding. However, one aspect couples can count on regarding wedding spending is the reception will likely require the most significant financial investment.

The Knot 2022 Real Weddings Study found that the average cost of a wedding in 2022 was $30,000.

The study also found that the biggest investment couples make is the venue. Couples indicated they spent about 37% of their overall budget on a wedding venue.

Though some couples may spend more than that and others may spend less, engaged couples currently planning their weddings should know that the cost of the venue where they will tie the knot will likely end up requiring the most significant investment of any component related to their wedding.