Wedding budget planner

Wedding Budget Calculator

Let’s face it, weddings have become super expensive. Though it is tempting to give into friends, family and social media when planning your wedding, you don’t have to. If you are looking for ways to save on your big day, try our wedding budget calculator.
The cost of a wedding has grown exponentially in the last 10 years. The average wedding in 2021 cost over $27,000.
Here’s what the split looks like:
EssentialsConsiderablesExtras36%32%32%
Essentials
Considerables
Extras

Estimate how much will your wedding cost

Enter your details to continue with your budget
Your total budget
$
No. of guests

How to use our wedding budget calculator?

1. Enter your wedding budget details

Input some information about your wedding budget or estimated wedding budget. We have divided the expenses into three categories: Wedding essentials (what you absolutely need), Wedding considerables (what would be nice to have) and Wedding accoutrements (what would add a little bit of sparkle to your big day.)

2. Compare wedding budget plans

Use our calculator to estimate the cost of your wedding. You have an option to use average costs of venues, flowers, attire, catering, music, etc., according to recent data from The Wedding Report but you need to enter your numbers to compute your total cost.

3. Add it up to see if you are in line with your wedding budget

At the bottom, you’ll see how the total cost compares to your original budget.

4. Didn’t meet your budget?

You can go back to each wedding expenses category and change your number inputs until you are satisfied with your budget.

Latest wedding cost estimates / Average wedding costs per state in 2022

According to The Knot data, here is the average wedding cost per state in 2022:
State
Cost
Alabama
$16,384
Alaska
$30,039
Arkansas
$14,867
Arizona
$23,767
California
$35,274
Colorado
$27,001
Connecticut
$34,205
Delaware
$28,598
DC
$40,939
Florida
$21,134
Georgia
$23,441
Hawaii
$35,934
Idaho
$19,017
Illinois
$24,554
Indiana
$19,266
Iowa
$19,683
Kentucky
$16,140
Kansas
$19,737
Louisiana
$18,337
Maine
$20,898
Maryland
$34,120
Massachusetts
$37,032
Michigan
$20,587
Minnesota
$24,528
Mississippi
$15,116
Missouri
$18,850
Montana
$17,997
Nebraska
$19,643
Nevada
$21,655
New Hampshire
$26,863
New Jersey
$38,061
New Mexico
$18,124
New York
$31,595
North Carolina
$21,229
North Dakota
$21,180
Ohio
$20,347
Oklahoma
$16,098
Oregon
$26,256
Pennsylvania
$26,406
Rhode Island
$28,886
South Carolina
$19,770
South Dakota
$18,298
Tennessee
$17,710
Texas
$22,964
Utah
$24,863
Vermont
$23,175
Virginia
$28,288
Washington
$30,723
West Virginia
$14,543
Wisconsin
$21,467
Wyoming
$22,608

How to plan a wedding budget / Where to begin?

The way you allocate your total budget matters to get the most bang for your buck. Where should you save and where should you splurge? How many guests should you include? Here are a few simple steps on creating a wedding budget :
  1. Count your cash: You and your fiancé need to decide what the size of your wedding budget is and where the money is coming from. Ask yourselves these questions:
    • How much do you have in your savings and how much of your savings do you want to use for your wedding?
    • Will you have enough money left over for an emergency fund?
    • How much money from your current income do you want to contribute?
    • Will your family or friends be contributing to your wedding expenses at all and if so, how much?
  2. Divide your spending into three categories on a spreadsheet: Estimated, modified and actual. Estimates will be based on costs you have researched, modified will factor in the proposals from potential vendors, and actual is what you will spend. Also include an extras or miscellaneous section for expenses you will ultimately forget
  3. Know what to include in your budget: This will vary based on the type of ceremony you have but these are the items included in most weddings you need to account for:
    • Venue
    • Rental fees for tables and chairs
    • Officiant’s fee
    • Marriage license
    • Catering
    • Alcohol
    • Wedding cake
    • Wedding favors for guests
    • Flowers and decor
    • Photographer/videographer
    • Music and entertainment
    • Invitations/stationery
    • Bride and groom attire
    • Hairstyling/makeup
    • Transportation
    • Rehearsal dinner
Now that you know what you need to set your budget try out the wedding budget calculator now!

Still need help with your wedding budget?

We can help you find a wedding loan specifically tailored to help you celebrate your day the way you want to.

Budget tips for wedding party and guests

Went over budget? Don’t worry, you aren’t alone. A survey by The Knot of 15,000 couples in the U.S. found that 49% spent more than they'd planned by an average of $6,373. But what is great about the wedding budget calculator is that you can figure out where you need to trim costs or where you can add them if you were underbudget.

Revisit your expenses and discuss with your partner what you really value. Do you want a bigger guest list, or would you rather have a live band over a DJ? Maybe you want to spend more on photography? If you are looking for tips read more here.

Wedding guests also must spend a fair amount of money on gifts, attire, and travel expenses so a budgeting plan can be handy for them as well. As for how much a wedding guest is expected to give to a couple for their wedding, experts say single guests should give about $100-150 at weddings and $200-250 for couples, which is approximately how much it would cost to cover their food and beverage. Or try following a “20-20-60” principle: Bridal showers and engagement gifts should be about a third of the price that you spend on a wedding gift.
Read more: How much money should you give for a wedding?

FAQs

How to plan a wedding without debt

Most couples start off with good intentions and then end up taking out loans or using credit cards to pay off wedding-related expenses. But if you identify your wedding day priorities and stick to them, consider having a more intimate event, look for ways to save and track everything in a spreadsheet you can avoid going into debt for your wedding.

Read more: How to not go into debt when planning a wedding

A wedding loan or your credit card: Which is better?

There are pros and cons of using a wedding loan or a credit card to pay for your wedding. For wedding loans those with bad credit will have to pay a higher interest rate, plus you’ll have a wedding debt when you get married, which will go on top of any other monthly expenses. Also, keep in mind that with a wedding loan, just like a credit card, if you don’t make your payments on time, your credit score may suffer. And just because you have access to a large sum of money doesn’t mean you shouldn’t have a tight wedding budget.

Some credit cards offer introductory promotional rates that you can take advantage of for your wedding. Or you could use an existing card and then you won’t have to worry about new monthly obligations besides increasing your payments. Throw in cash-back and travel rewards and it may just be worth it. Plus, credit cards usually come with purchase insurance, so you may be covered by the Consumer Credit Act on those wedding purchases.

The major downside of using a credit card to pay for your big day is high interest fees, as well as any overdraft costs, late payment fees, cash withdrawal fees, balance transfer fees, or fees for using your card overseas.

Read more: A wedding loan or your credit card: which is better to pay for your big day?

How much does an average wedding cost?

According to The Knot, the 2021 national average cost of a wedding was $28,000 ($34,000 including the engagement ring), which is the same as 2019's average wedding cost.

How many people go over budget for a wedding and how many people go into debt to pay for their wedding?

According to a recent study, 45% of couples spent more than they planned and the average amount they went over budget was $7,300. In a lendedu poll of 1000 people, 33% entered a type of debt to cover some or all the costs of their wedding.