If you're planning a wedding in the United States, you'd better start saving: The average ceremony and reception will set you back $31,213, a five-year high.
XO Group Inc., owners of the popular wedding website TheKnot.com, surveyed 16,000 brides and found that spending was up on almost everything except for favors and invitations, Bloomberg reports. The report found that the biggest expense was the reception venue, eating up about 45 percent of the average wedding budget, and spending on each guest is at its highest level since XO Group started to survey brides in 2007.
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