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GOBankingRates found in a recent survey that the biggest expense for both groomsmen and bridesmaids is the bachelor or bachelorette party. Groomsmen are especially big spenders, though. The average amount they reported spending on a bachelor party is $681.13; whereas, bridesmaids spend $437.31, on average. When planning a bachelor or bachelorette party, keep these costs in mind. And if you want to party in a big city, pick a destination that's fun -- but also affordable.
Couples spent an average $220 per guest at weddings in 2013, according to TheKnot.com, including $66 on food alone. But all of our experts agreed that basing the cost of your gift on how much you think the couple is spending on food and entertainment is an antiquated notion. 1 î 2:28 Now watching Up next How to Buy the Perfect Wedding Gift Wedding etiquette tips on how much you should give from Jessica Silvester, Senior Editor of New York Magazine.