'Slate' loans look at true cost of a wedding

by / Thursday, 13 June 2013 / Published in Wedding Business Loans

In an article published to Slate yesterday, staff writer Will Oremus smartly debunks the widely cited “average wedding cost.” The figure hovers between $25,000 and $28,000 but varies widely from state to state. Oremus, however points out that this figure is more than the median household income in the U.S. He swiftly guides readers through a lesson in basic math (publications should be using the median not the average) and pricing psychology (no you are not “saving” if you are spending less than the average). He ultimately argues that brides and grooms spend what they are comfortable with.

In an equally smart video included in the story another Slate writer examines why wedding dresses cost so much, and comes to similar conclusions:

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