Average Wedding Cost Topped $27,000 Last Year, Report Says

March 23, 2012 Updated Mar 23, 2012 at 5:28 PM EDT

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Average Wedding Cost Topped $27,000 Last Year, Report Says

March 23, 2012 Updated Mar 23, 2012 at 5:28 PM EDT

According to a survey released Friday, the average wedding cost in the U.S. topped $27,000 in 2011, according to research from TheKnot.com and WeddingChannel.com.

According to a news release:

The survey included approximately 18,000 couples married in 2011. The average spent on a wedding dress was $1,121, according to the report.

“For the first time since 2008, wedding budgets are on the rise,” Carley Roney, cofounder of The Knot said in the news release. “In 2011, one in five US couples spent more than $30,000, and 11% spent more than $40,000 on their weddings. Our research shows that couples and their families are less concerned with the economy and are increasingly comfortable investing more in the once-in-a-lifetime occasion of their wedding.”

Read the entire news release HERE