The wedding industrial complex

Young couples are now spending fortunes on elaborate weddings, even if they're not rich. Why?

The average Manhattan wedding costs, $76,687.
(Image credit: Thinkstock/Creatas)

What do weddings cost today?

An astounding amount. Last year the average American wedding, including the requisite reception, cost $28,427. In affluent areas, the cost is even higher: In Boston, the average price of a wedding is $39,239; in Santa Barbara, Calif., it's $42,319; and in Manhattan, $76,687. In other words, many couples are spending on a single event lasting a few hours the equivalent of a year's tuition at college, or what the average American makes in an entire year. This nuptial extravagance is being driven by what some have called the "wedding industrial complex" — a $70 billion business sector comprising all the dressmakers, florists, reception halls, event planners, photographers, caterers, limo firms, DJs, bands, and jewelry designers that many people now consider necessary for a wedding that matches their dreams. Many young couples feel such pressure to keep up that they're staging ceremonies and receptions they really can't afford, says Rebecca Mead, author of One Perfect Day: The Selling of the American Wedding. "The whole culture of extravagant weddings encourages women to think that they have to do it, even though they're not going to be able to pay next month's rent — or even the DJ," Mead says.

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