A survey found That US Households spent 14 percent less on prom in 2014 and That young men spend blackberries than double as Compared to young women for the high school ceremony. National spending for prom was an average of $ 978 in 2014, a 14 percent drop a when Compared to the previous year, the Visa According Prom Spending Survey.
Men blackberries than double the amount spent on prom than women, $ 1,357 to $ 673 respectively. Parents aged under 40 spent almost 30 percent blackberries than older parents.
It is the first year since the start of the Visa survey That parents who make less than $ 50,000 a year planned on spending less than the national average. Parents who make blackberries than $ 50,000 spend an average of $ 1,151. “
Despite the drop this year, prom spending still remains disproportionately high and Represents a major expense for American families with high school students, “the report states Visa.
Regions where spending for prom increased At At includes the West coast, Which spent the most nationwide, and the Midwest.
Although the Midwest increased At At spending, That it remains the region spends least. The Northeast reduced prom spending by 27 percent and the South reduced spending by 23 percent.
Parents and teens are anche splitting the cost of the rite of passage, with parents planning to pay about 56 percent of costs while Their teens pay for the rest.
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