Your bestie obviously merits more moolah than your third cousin who probably deserves a bit more than the coworker you exchange pleasantries with over coffee. If you re having a good year and you can give more that s wonderful.
Though it certainly varies person to person according to this nerdwallet study millennials in 2018 set aside an average budget of 151 for a good friend s wedding gift and of those polled most.
Wedding gifts how much money to give. If you re attending a destination wedding or a wedding where you d foot your bills then cut back on gifts. Guests were likely to give 147 for winter weddings 157 for those in the spring and 155 for fall weddings. The amount of your gift should be about a your budget and b your relationship to the person getting married.
Traditionally the average gift cost is equivalent to how the couple spends on. It s okay if you don t. Our site helps guests take the guesswork out of giving money for a wedding gift by creating a unique gift amount based on their personalized calculation.
Couples who wed in august received the most valuable gifts when the national average peaked at 183. How much should i spend on a gift if i m not attending the wedding. This should be the base amount for acquaintances and distant relatives.
According to a recent study from the american express spending and saving tracker the average amount that a guest was projected to spend on a wedding gift was 99 but that s if you re a friend of. That being said it s a good rule of thumb not to go below 50 for your wedding gift. When you re giving money for a wedding gift and attending solo etiquette says you should spend about 50 to 75.
If it s a coworker or someone you just catch up with from time to time the lower end of the spectrum is appropriate. The average guest spends about 120 on a wedding gift but if you re not attending the wedding you can certainly spend less than that. Tips to know how much a wedding gift should cost.
However if you re very close with the couple you might consider spending what you normally would even if you won t be present for the nuptials. That said most etiquette experts suggest a minimum of 50 for a wedding gift. Many etiquette experts decline to give a hard and fast set of numbers for a wedding gift because there are so many different factors at play.
Gift giving no matter who s giving the gift is based on and dependent upon the giver s finances smith says. People were most generous in the summer when the national average rose to 174. But you may want to also consider the couple you re celebrating.