NYC spends an obscene amount on engagement rings

By | December 1, 2018

Manhattan ladies are twice as lucky in love — or at least the size of their engagement rings — as their outer-borough counterparts.

The average Manhattanite drops $ 13,378 to put a ring on it, while lovebirds in Brooklyn, Queens, The Bronx and Staten Island spend only $ 6,000, which still beats the national average of $ 5,764, according to data from wedding-planner website TheKnot.

Of course Staten Island-born SNL comedian Pete Davidson was the exception to the rule when he handed a $ 93,000 pear-shaped rock to Pop star Ariana Grande in June. Of course that engagement didn’t last long.

Long Island residents spend $ 9,500, while couples from Westchester/Hudson Valley cough up an average of $ 8,650.

More than 1.4 million people will get engaged between November and February, the peak season for popping the question.

Manhattan couples will go on to spend more money on their nuptials ($ 76,944) than it costs for a year at NYU ($ 69,984). Long Island lovebirds also spend big ($ 51,613), followed by the outer boroughs ($ 46,808) and Westchester/Hudson Valley ($ 46,707). All easily eclipse the national average of $ 33,391.

Long Island couples have 17 percent more guests (159) share their big day than the average US or Manhattan wedding (136), while Westchester/Hudson Valley (131) and the outer boroughs (126) opt for smaller affairs, the data show.

“I had more than 126 people in my wedding party,” said one man who tied the knot on Staten Island.

Manhattan brides, who may shop for the likes of Australia designer Anna Campbell at Lovely Bridge in Tribeca and at Kleinfeld in Chelsea (home to TLC’s “Say Yes to the Dress”), take the cake when it comes to forking over cash on a wedding dress ($ 2,504) — 66 percent more than the national average ($ 1,509). Long Island brides also splurged ($ 2,347), followed by Westchester/Hudson Valley ($ 2,077) and the outer boroughs ($ 1,636).

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Whether it’s a case of cold feet or saving up for the big day, the entire New York area had older brides and grooms than the typical American wedding couple, which averages 29.2 years old for brides and 30.9 for grooms. The outer boroughs were the oldest (33.2 for brides, 35.4 for grooms); followed by Westchester/Hudson Valley ( brides 31.1, grooms 33.4); Manhattan (brides 31.1, grooms 31.8), and Long Island, (brides 29.4, grooms, 31.4).

An expensive engagement, however, could lead to an extensive breakup, as in the case of a doomed Manhattan couple who in 2016 planned a $ 325,000 wedding at The Pierre Hotel, which was canceled after the rehearsal dinner devolved into a fist-flying brawl. In the end, the would-be 32-year-old groom sued his would-be 27-year-old bride to get his $ 125,000 emerald-cut sparkler back.

Living | New York Post