There’s no doubt that planning a wedding can get pretty expensive. One of the biggest expenses you have will be the renting of the wedding venue. Read on to find out how much a wedding venue costs and what you can do to save some money.
What Does a Wedding Reception Cost?
The amount you pay for a wedding reception will vary depending on the size and location of the venue, the type of venue and the amenities included. Most couples will spend between $3,000 to $11,000 on the wedding venue but really, the sky’s the limit. Some couples will spend $20,000 or more while thrifty couples might get this expense down to $733 or less.
How Much Does a Wedding Ceremony Venue cost?
If you choose to hold your wedding ceremony in a separate location, it can cost an average of $600. It will be a lot cheaper than a wedding reception venue because it is rented for a shorter amount of time and there are not as many amenities required. However, couples looking to save money will hold their ceremony and reception at the same location. This will also cut down on transportation costs.
What Effects the Price of the Venue?
There are many factors that will contribute to the amount you will spend on a venue. These include the following:
- Location: A venue located in a major city will cost more than one that is located in a rural area.
- Date: Venues will charge higher prices during peak seasons. To save money, avoid getting married during the spring or during holiday times when venues are in demand. You can also get a cheaper rate by getting married on a weekday.
- Size: The larger your venue is, the more expensive it will be.
Amenities: Some venues come with amenities that include catering, vendors, a PA for the musical entertainment and more. While these venues may be more expensive, they will save you money in the long run as there will be no added expenses. Venues that are not all-inclusive will probably have tables and chairs, but you may have to rent things like utensils, linens ad more and this will add to costs as well.
Additional Venue Expenses at a Wedding
If you are signing a contract for your wedding venue, be sure to read the fine print. There could be additional expenses that may be tacked on to your bill. Here are some things that may cause those expenses to rack up:
- Parking: You may need to pay parking fees for valet parking and other related services for your guests.
- Tips: Vendors at the venue may require tips for your vendors. Staff, bartenders, restroom and coatroom attendants should all receive gratuity.
- Outside Vendor: If you hire a vendor that is not approved by the venue, you may have to pay an additional fee.
- Other Fees: Additional fees can also include things like cake cutting fees, corkage costs, service charges and more.
How to Save Money While Planning Your Wedding
If you are looking to host a wedding that doesn’t break the bank, consider taking the following measures:
- Cut the Guest List: Come on, does the mailman really need to come to your wedding? Stick to close friends and relatives for a wedding that will come in under budget.
- Marry During Off Peak Season: Avoid marrying during holiday times and during the spring to save a pretty penny.
- Look for Tax Deductible Sites: If you rent a venue that is affiliated with a nonprofit, such as a museum, historical home or park, you may have tax deductible site fees.
- Read all contracts closely: This will help you avoid unforeseen costs.
A wedding venue can be a major expense, but smart couples can save money by doing a bit of research and planning accordingly. Good luck making your wedding day one that guests will remember…and that doesn’t break the band.