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New Research Finds That Groomsmen Actually Spend More Than Bridesmaids

posted: 05/04/16
by: Amanda Mushro
Joe Maria Wedding
iStock

It's no secret that weddings are expensive, both for the bride and groom, but also the wedding party. As anyone who's been a bridesmaid knows, it's easy to spend hundreds, if not thousands, of dollars on the dress, the shower, the bachelorette, etc. However, recent research shows that groomsmen may have it worse.

GOBankingRates asked more than 1,000 bridesmaids and groomsmen across the country just how much they spent for a wedding and found some interesting results. For example, they found that the average bridesmaid dress costs $214.58 while men spend $245.50 on a tux.

While that's not a huge difference, it's the bachelor and bachelorette parties where there's a real divide. Bridesmaids tend to spend about $437.31 at the bachelorette while groomsmen tend to spend an average of $681.13. Best men spend $998.78 on average, while maids of honor spend $552.33. According to wedding planners, that may be because men often choose destination bachelor parties (that may or may not involve casinos!).

But it doesn't stop there! According to their research, groomsmen are also likely to shell out more for gifts, with 31 percent reportedly spending $200 or more.

Either way, being in a wedding is a pricey affair, so it's good to know these numbers before agreeing to be part of your friend's bridal party. Though wedding are happy affairs, there's no need to go into debt over them. We've already gone over money-saving tips for bridesmaids, but here are some for the guys.

Set a budget

This sounds like a no-brainer, but knowing how much you'll be spending will help you put that aside ahead of time.

Buy a tux instead of renting one

If you have several friends getting married (and plan to have formal weddings) in a span of a year or two, investing in a tuxedo can save you money instead of renting one each time.

....or borrow one

If you have a brother or even an uncle or dad who wears a similar size, it may be worthwhile to borrow theirs and get it tailored for the big day.

Look for travel deals

As long as the groom-to-be isn't set on a single location, take a peek at sites like Travel Zoo or Cheap Air to find affordable flights and destinations from your hometown. Who knows? It may actually be cheaper to fly to a resort in Cancun than Miami. And be sure to check well in advance so you can track flight prices and hotels rates.

Check your reward points on credit cards

You may be able to use some of these towards costs of the bachelor party and/or gift. Also, if your card has travel rewards, be sure to use it when booking all the travel.