Wedding Bills
Don’t believe all those industry surveys. You can have your dream wedding without breaking the bank.
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I’ve known since I was seven years old and watched from the third pew of our Catholic cathedral in Nashville, Tennessee, as my aunt floated down the aisle in a satin ballroom gown, how I wanted my wedding to be. I dreamed about my own showstopper dress, an off-white strapless classic with a silk sash and Chantilly lace overlay. I’d carry a simple but beautiful bouquet of something like red roses. My bridesmaids would probably number six or seven, with my older sister as the matron of honor. After the ceremony, hundreds of guests, family and friends, would celebrate the nuptials at an elegant dinner of filet mignon and dance into the early morning hours. I’ll admit it; I wanted my big day to be unforgettable. What I didn’t know until a few months ago when I got engaged was just how much a big Southern wedding could cost me.
My first inkling came a few days after the proposal when I stopped by the local Barnes & Noble to pick up a copy of Real Simple Weddings. I was happily flipping through page after page of satin-and-lace gowns, calla lily bouquets, champagne fountains, and multi-tiered cakes when page 29 stopped me dead in my tracks. “Haven’t squirreled $20,000 away for your wedding? Start saving now so you won’t be scratching together money for years to pay your debts.” $20,000? It was a number that made my heart sink. Yes, I’d always known that I wanted a princess wedding. No, I hadn’t even considered the possibility that it would cost such a royal sum. Maybe I’d have to rethink the entire thing. I needed to do more research. Unfortunately, what I found wasn’t very reassuring. The average wedding costs around $28,000, according to three different industry surveys: one from online bridal website The Knot, another from wedding magazine publisher Conde Nast, and the third from market research company The Wedding Report. But that’s not even the worst of it: A 2006 Knot survey found that that 31 percent of couples don’t stick to their budgets, and among those, 40 percent miss their targets by a significant amount, often doubling the costs. My heart-stopping moment was turning into a full-blown anxiety attack.
I had two choices. I could either give up my childhood dream of an elegant Southern wedding, or I could prove that the surveys were wrong. Perhaps the wedding industry inflated the figures to convince brides-to-be that their special days would be second-rate unless they were willing to fork over a small fortune. I wasn’t about to give up my dream wedding, and I wasn’t inclined to go second rate, so I decided to prove the number was wrong — scientifically. Which brought me to Abraham Wyner, a professor at University of Pennsylvania’s Wharton School of Business. He told me that, yes, it was in the best interest of the wedding industry to present the biggest numbers possible in the hopes that brides would spend larger sums than they had to. “Individuals who benchmark their own wedding costs by the average are bound to overspend,” he said.
That’s because the cost of a wedding has a lot of variables: location, size, and formality. A family friend had both her wedding and reception at New York’s Central Park Boathouse at a cost of around $200 a head. If 140 people attended, that would fit the surveys’ average without even calculating other costs, like the wedding gown. On the other hand, a friend from northeast Ohio said her wedding, with about 250 guests, cost under $15,000, well below the average. At the very high end, of course, is Tom Cruise and Katie Holmes’ wedding, which cost an estimated $3.5 million, but it was in a medieval Italian castle with 150 guests, topped off by a fireworks display and the added expense of a massive security detail. So if the bride in Ohio had gone for the $28,000 average, she’d have overspent, but the New Yorker probably couldn’t have done it for much less. Okay, so I’m not going to benchmark my wedding based on the surveys, but how do I recalculate an estimate for my wedding?
I needed a statistician. When I explained my hypothesis to Joel Best, a University of Delaware professor and the author of Damn Lies and Statistics: How Numbers Confuse Public Issues, he explained that, variables or no variables, I was looking at the wrong measure. Using the mean can be misleading “when you have a few very big numbers,” he said. “If Daddy Warbucks spends a million on Annie’s wedding, the average cost soars.” Being a fair-minded journalist, I didn’t rely on just one opinion. Richard DeVeaux, a statistics professor at Williams College, suggested that the median — or the middle number in a bunch of numbers when they’re lined up sequentially — might be better than the mean in determining what weddings commonly cost. “Using the median will certainly protect against outliers [like Daddy Warbucks], and in fact, the U.S. Census typically talks about the median family income for that reason.” It better represents the number that sits at the middle of a given population, the number more likely to represent my wedding, yet none of the surveys uses it. The Knot actually admits that very expensive weddings skew its survey results. “This figure does include those lucky brides and grooms who get $40,000-and-up weddings thrown for them, so that does slightly bring up the average,” the company says on its website in a Q&A about bridal budgeting. The Wedding Report’s website estimates that 82 percent of weddings will cost the average amount or less, a statistic that suggests the median amount — though not given — would likely be much lower than the average.
Statistics experts also told me the methodology used by all three surveys — collecting data from thousands of participants via the Internet — may not be the most effective way to get the most accurate data. “Although the methodology is improving, many online surveys are worthless, since there is no control over who is responding, how many times they respond, and so on,” says Professor David J. Hand, a statistics professor from the Imperial College in London. For example, in the present context, those who spent a lot of money on their weddings may be more likely to respond to the survey. After spending all that money, who wouldn’t want to brag a little.
Conde Nast collected its online survey data from more than 1,400 women who were engaged and also subscribed to at least one of its bridal publications: Modern Bride, Elegant Bride, and Brides, according to its spokeswoman Erin Miller. Again, the sample selection could have skewed the results upward. “These are probably people who already subscribe to the idea that you should spend a lot of money on your wedding,” says Rebecca Mead, author of One Perfect Day: The Selling of The American Wedding. “It’s probably not the most representative survey.”
So it would appear that the surveys do knowingly skew their numbers upwards. So how much will my big day cost? Certainly not $28,000. Does that mean I won’t have the wedding of my dreams? No way. For the purveyors of these surveys, wedding are a commercial enterprise, they’re about selling more gowns, flowers and tiaras and attendants dresses, cakes and champagne. For brides, they’re the stuff of little girls’ dreams; all about princesses and knights in shining armor. And there are many ways to get your dream, whether that’s in Ohio for $15,000 or in an Italian castle for $3.5 million. Or in antique lace or your grandmother’s peau de soie: Now that’s priceless.
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