Turns out J-Lo was wrong! She said love don't cost a thing…but that's not we discussed on the radio show today! RateSupermarket.ca did a recent Cost of Love study, which crunches the costs associated with a one-year dating period, one-year engagement and the average Canadian wedding. Here’s the Budget Breakdown:
One Year of Dates: $10,683.84
12 Fancy Dates: $3,330.50 Avg cost: $277.54 (nice dinners + theatre tickets)
24 Casual Dates: $521.22 Avg cost: $21.72 (12 takeout dinners, 12 coffee dates and a Netflix)
12 Movie Dates: $570.96 Avg cost: $47.58 (movie tickets, concessions)
2 Weekend Getaways: $1,251.50 Avg cost: $625.75 (1 night stay + $100 credit card)
1 Beach Vacation: $3,523 Avg cost: $1,761.50
Other Expenses: $1,486.66 (Flowers: $140, Men's Wardrobe: $1,346.66)
One-Year Engagement: $12,164.76
Another Year of Dates + 50% wardrobe update and flowers : $5,178
Engagement Ring: $4,986.75
Engagement Party: $2,000
Tying the Knot: $38,973
Highlights:
The Bride: $2,105
The Groom: $637
Honeymoon: $2,423.50
Ceremony: $2,875
Reception: $15,227
This would a be great radio topic for relationship experts and wedding planners!
Thanks to RateSupermarket.ca for letting me share this info!https://www.ratesupermarket.ca/blog/cost-love-canada-61821-60/