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.
1 On the low end, tuxedo rentals start at about $50 to $100 for rental of a basic wool tuxedo and vest. 2  In the mid-range, a groom can buy a nice suit for between $300 and $800. The average groom spends $116 on accessories, according to the Bridal Association of America. 2  While rented tuxedoes should fit perfectly, grooms who buy a suit or tuxedo might need alterations, which will cost $30 to $100 or more, depending on the complexity of the alteration.