The employment rate for young adults with some college was higher than the rate for those who had completed high school (63.7 percent), which was, in turn, higher than the employment rate for those young adults who had not finished high school (46.6 percent).
According to The Knot, renting costs 10 to 30 percent of the price of a new tuxedo. CostHelper lists the cost to buy a tuxedo between $300 to $800 for a mid-range suit, but says designer tuxes can cost from $800 to $1,500, sometimes more.
Money is the main factor in your wedding formalwear decision. Renting will cost about 10% to 30% of the price of a new tuxedo, and tuxedo prices begin in the $300 to $500 range. If you attend three or four formal events per year, buying a tux may be worthwhile.