What is the Cost of Love?

What is the cost of love for the average Canadian? Well it’s $43,842 to be exact. To determine the price of love, RateSupermarket.ca has broken down the cost based on a one-year courtship, one-year engagement, and average costs for a wedding in Canada.

You Can't Put a Price on Love
RateSupermarket.ca’s research team has crunched the costs of love’s high price using elements of a modern relationship, then undertook extensive analysis. To reflect the “unique factor” of every relationship median costs, and timelines were used for the calculations.
WIN Your Dream Date
Share This Infographic
Infographics
Embed on Your Site

Sources: How did we Calculate the Cost of Love?

Dating Costs in Canada

Theatre Tickets

Movie Tickets

Coffee date

Weekend Getaways

Beach Vacation

Apology Flowers / Treats

Men’s Wardrobe

[all numbers from www.thebay.com, 1/11/13]

TOTAL: $867.97 [$980.81 w/HST]

Engagement Costs in Canada

Average cost: $3,500.00 (2012; dailyfinance.com)

[“Wedding website TheKnot.com puts that average figure closer to $5,000, but its calculation excludes sales from Walmart and other low-end retailers.”]

Average Wedding Costs in Canada

Attire and Accessories

Tuxedo Rental

Makeup plus Hair Styling (bride)

Entertainment/DJ/Band

Flowers & Decorations

Invitations/Stationery

Wedding Photographer

Wedding Videographer

Venue, Catering and Rentals

Reception Food Service

Local Costs of Marriage License
(obtained through provincial websites, vital statistics and city offices)

Bridesmaid Dresses & Shoes

Groomsmen Tuxes & Shoes