When we think of the cost of love, the first thing that leaps to mind is the cost of a wedding. We never take into consideration the cost of dating or any of the costs associated with being in a relationship. Typically the meter on the cost of love starts to run once the engagement occurs. I recently came across some interesting figures from ratesupermarket.com that spoke to the cost of the courtship. When you start dating someone seriously, do you take into consideration how much wooing and wining and dining actually costs? I think you’ll be quite surprised!
- One-year courtship – $6,936.74 (includes things like fancy dinner/theater type dates, casual dates, movies, getaways/vacations and apology flowers).
- One-year engagement – $9,944.34 (includes a $3,500 engagement ring, a $2000 engagement party and another $4,444.34 of dates).
The wedding: Now you’re finally ready to seal the deal. How much will your wedding cost? There may be a lot of talk about cost saving measures and strict wedding budgets, but according to a recent survey by Weddingbells magazine the average cost of a wedding in Canada in 2013 was $32,358.
The honeymoon: According to The Knot, the average cost of a honeymoon is $4,466. Luxury honeymooners represent 15% of the market and spend more than $7,000. You may be surprised to learn that the majority of honeymooners are not affected by the economy; 60% of couples did not scale back their honeymoon budget because of the economy.
What do you think of the cost of love now? Next time you’re out on a date or when you receive flowers or a gift, will you think about the dollar and cents values of all these things; or will you just be caught up in the romance of it all? Love isn’t cheap but it does make the world go ‘round.
Ready to talk weddings? Contact the Toronto Wedding Chapel today! We’ve got a fabulous selection of all inclusive wedding packages for all budgets and a great team of wedding planners that creates magical wedding experiences.