In an exclusive poll for Newsweek, a significant proportion of 1,500 millennials felt 'more than $50,000' was an acceptable sum to spend on a wedding.
, on May 31, 2023, 1,500 eligible voters in the U.S. were asked:"In your opinion, how much do you think an average wedding should cost?"many millennials felt it was perfectly acceptable to spend significant sums
A significant proportion of millennials aged 35 to 44 appeared in agreement with 25 percent of respondents in this bracket also claiming a budget in excess of $50,000 was the way to go. A similar number felt a budget of $1,000 to $5,000 was acceptable as did the same proportion of 55 to 64-year-olds polled. By contrast Gen X appeared largely opposed to spending big at a wedding. Only 9 percent of 45 to 64 year olds felt a budget of $20,000 to $50,000 was reasonable while just 1 percent of 45 to 54 year olds and 3 percent of 55 to 64 year olds felt spending more than $50,000 was acceptable.
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