Love hurts… your wallet.
Staying single is actually a fiscally responsible thing to do.
Those in a relationship know the costs associated with being romantic can add up!
Flowers and dates are just a part of it.
RateSupermarket.ca does an annual survey to see how much it costs Canadians to be romantic and what they’ve found is that being in a one-year dating relationship, followed by a one-year engagement, and then having a wedding, will cost an average of $61,821.60.
What does this include? Travelling and eating out account for some of it (guess not everyone has date nights at Wendy’s)
Obviously the rings and the wedding are a big portion of it as well!
Here’s a full breakdown of the romance-related costs:
One year of dating for $10,683.84, which includes the following:
- 12 fancy dates for $3,330.50
- 24 casual dates for $521.22
- 12 movie dates for $570.96
- 2 weekend getaways for $1,251.50
- 1 beach vacation for $3,523
- Flowers for $140
- Wardrobe for $1,346.66
A one-year engagement for $12,164.76, which includes the following:
- Dates, wardrobe update and flowers for $5,178
- Engagement ring for $4,986.75
- Engagement party for $2,000
A wedding costs $38,973, which includes the following:
- Bride-related expenses of $2,105
- Groom-related expenses of $637
- Honeymoon for $2,423.5
- Ceremony for $2,875
- Reception for $15,227