By now we have all heard of the term inflation. Now we don’t necessarily need to be economists to know what that term designates but it simply means that the price or the cost of living has increased with time. So a dollar back in the sixties would be worth a lot more than a dollar is today.
Back then, millionaires were considered billionaires and trillionaires weren’t even a subject of movies or shows.
So how much would a wedding be now if it cost approximately 2,000 dollars back in 1974?
The answer is 10,000 dollars. A wedding in 1974 that cost 2,000 dollars would be approximately ten grand in today’s dollars (adjusted for inflation.)
But is it even possible to have a wedding within that budget? And if so, would that wedding be remotely as lavish and luxurious as the one in 1974?
First, we need to take a look at this wedding back in 1974. Back then, a two thousand dollar wedding could net a ceremony at the San Francisco’s massive cathedral, Grace Cathedral, during one of the prime times of the year, just three days after Christmas.
Then, this wedding could also afford to fit 300 guests in attendance with a cocktail reception at the Marines’ Memorial Club. And let’s not forget the invitations, flowers, photography, and cake.
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