Average cost of divorce roughly equals the average cost of a wedding

Cost of wedding versus divorceAccording to national data, the average cost of a wedding is approximately $35,000. Obviously, some larger weddings can cost more than this amount, while other smaller weddings can cost less. But this is the average cost nonetheless.

Many also wonder about the average cost of a divorce when they are about to get divorced. Many theorize that the cost of a divorce should be significantly less than the cost of the marriage itself.

Is this realistic? Should it really cost less to get of the marriage than it did to get married in the first place? If so, why?

The reality is that to get divorced, parties can really only complete it one of two ways.

The first way is through a comprehensive settlement where parties agree entirely on property and debt division, child custody, child support, spousal maintenance and attorney’s fees.

The second way is when the parties cannot agree on one-hundred percent of those issues. Instead, after a trial, a judge ends up having to decide for them.

According to recently article, the average cost of a party to get divorced was $15,000. But when multiplying that number by 2 for both parties, the combined total cost is about $30,000. This is about the same as the cost of the average wedding — give or take a few thousand dollars.

Of course, some divorces can be settled quickly and easy and cost less. Others, on the other hand, can be complicated and cause significantly more.

This is really no different from the cost of a wedding average. Some weddings are small and do not cost a lot, while others are large weddings where the cost is much high.

For whatever reason, many are surprised that the cause to end the marriage is roughly about the same as the cost to get into the marriage. Why that is probably has more to do with the emotional willingness of parties to pay for something that is joyous (like a wedding) versus something not as joyous (like a divorce).

Regardless, if you are going through a divorce, you can contact Stange Law Firm, PC at 855-805-0595.

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