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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.
Typical costs: Common costs for a cocktail reception include catering, bartending, invitations and venue rental. The typical cost for a two-hour cocktail party ranges from $25-$230 per person. On the higher end, hosts may choose a high-end venue, premium hors d'oeuvres and a full bar.