Love HURTS…the bank account

The annual findings released by RateSupermarket.ca say that the costs linked to romance for Canadian couples has increased by 22.8 per cent since last year. The study takes into account the averages expenses associated with a one-year dating period, a one-year engagement and a wedding.

This year’s total cost is $61,821.60.

Here’s the study’s full breakdown of 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
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