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However, the average household income is about $6,500 lower at $57,453. Tuscaloosa has the least expensive weddings, sneaking in under Waco at $10,045. An average wedding costs $11,120, which will take 4.70 years to save up for on the local household income. The lack of state income taxes in Texas and a low cost of living will help expedite saving for a wedding in Waco. SmartAsset Cities with the shortest time to save for a wedding Only Tuscaloosa and Waco also make the top 10 list when it comes to the shortest time to save up. While local wages may suppress the time it takes to save in some of these areas, they have the least expensive weddings by cost. On the other hand, some places offer particularly inexpensive weddings. With a relatively low median household income of $80,113, it takes 8.35 years to save for this milestone without any financial help. The average wedding in the New Haven-Milford metro area costs $24,759. While a wedding here costs just a few dollars shy of $25,000, this metro area has the second highest median household income ($117,417). The Washington-Arlington-Alexandria metro area ranks 40th for the time it takes to save for a wedding – 5.75 years. Only 10 metro areas have longer savings times. It takes 8.09 years to save for a $25,448 wedding on an $85,127 salary. This puts savers at a particular disadvantage. Living in Seattle is just as expensive as Los Angeles, with a 52.2% cost of living premium.Ĭouples in the Philadelphia metro area have low median salaries when compared with other expensive places for weddings. It takes 6.40 years to save for the average $25,639 wedding in the Seattle-Tacoma-Bellevue metro area. A wedding costs $25,713, and it will take 7.91 years to save for this milestone on an $87,783 household income. In general, the Los Angeles-Long Beach-Anaheim metro area costs 52.5% more than the average U.S. However, it will still take them longer – 7.88 years to pay for that wedding. When compared with the top four most expensive places for a wedding, New Yorkers would have to save less ($3,323 per year). The NYC metro area unsurprisingly has a costly average wedding at $26,206. The cost of living in the Bridgeport area is about 29% higher than the average American metro, while the median household salary is $107,261. Residents here would have to save an average of $3,797 per year.Ĭouples in the Bridgeport-Stamford-Norwalk area face an average wedding cost of $26,719. The Oxnard-Thousand Oaks-Ventura metro area, located up the coast from Los Angeles, ranks 266th overall, as it takes 7.10 years to save for a $26,991 wedding. The average wedding cost of $27,378 is just a few hundred dollars shy of Honolulu.
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San Jose households earn the highest median income at $148,845, giving residents an edge when it comes to saving for a wedding. With a Honolulu income, this will take a couple about 7.78 years to save for. While you can certainly aim for lower or higher, this median wedding cost was the highest of the bunch. If you’re aiming for a destination wedding, Honolulu will cost you – $27,797 to be exact. The highest median wedding costs come in at nearly $28,000. Honolulu, San Jose, Oxnard, New York City and Los Angeles rank among the top 10 most expensive weddings. Hawaii, California and the New York metro areas are home to many of the priciest nuptials.It may take half as much time in other parts of the U.S. In some places – like in Goldsboro, NC, Binghamton, NY, and Cleveland, OH metro areas – it takes nearly nine years to save for a local wedding without any financial help. It can take as long as nine years to save for the average U.S.Despite having some of the cheapest wedding costs of all, places like Beckley, WV, Gadsden, AL, and Pine Bluff, AZ metro areas take those communities’ residents longer than six years to save for the average local wedding. The locations with the cheapest weddings may still take residents of those places over six years to save for. Couples may still need to save for over six years for the cheapest weddings.The results may make you think twice about where you choose to get married. To find where wedding costs are most and least expensive, SmartAsset examined wedding cost, income and savings data for 344 metro areas. But the cost of a wedding doesn’t only depend on the couple and their tastes: It also depends on where you live, and where you intend to get married. Some couples will spend up to $100,000 for a lavish event – or more. The average American wedding costs between $10,000 and $28,000.
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