Is my budget realistic for my area?

 

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Image compliments of A Cultivated Nest

Can I afford a wedding?

This is a question that many people ask often during the wedding process. Often times it is hard for couples to formulate a budget. As I stated before, you have to be able to live your riveting life. So what is a realistic budget for your area.  According to The Knot study, the results are in. Unfortunately, DC is listed as number 12 and Baltimore is close behind at 19.  See the results below:

1. New York – Manhattan $76,328
2. New York – Long Island $55,327
3. New Jersey – North/Central $53,986
4. New York – Westchester/Hudson Valley $52,954
5. Illinois – Chicago $50,934
6. New York – Outer Boroughs $49,781
7. Pennsylvania – Philadelphia $44,090
8. Rhode Island $41,914
9. California – San Francisco/Greater Bay Area $39,690
10. New Jersey – South $39,191
11. California – Santa Barbara/Ventura $39,187
12. Washington DC/Northern Virginia/Suburban Maryland $39,025
13. Connecticut $38,925
14. Massachusetts – Boston $38,665
15. Florida – Southern $38,155
16. California – Los Angeles $37,317
17. Louisiana $35,532
18. Hawaii $34,958
19. Maryland – Baltimore $34,409
20. Texas – Houston $33,809
21. Illinois – Chicago Suburbs $33,391
22. California – Orange County/Inland Empire $33,118
23. California – San Diego $32,941
24. Pennsylvania – Pittsburgh $32,359
25. Texas – Austin/San Antonio $31,886

 

So what do you think?  Are these the numbers that you thought it would be?

 

If not it is ok; take a deep breath.  Remember these are averages.   The most important thing you can do as a couple is to set a budget, research the market or hire a wedding planner that knows the market, and decide on what is really important.

Happy Planning,

Gaby

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