← Studies Suggest πŸ’° Economics

Everyone Assumes an Expensive Wedding Reflects a Stronger Commitment. A Study of 3,151 Marriages Found Couples Who Spent Over $20,000 Were 3.5 Times More Likely to Divorce.

Emory University economists Francis-Tan and Mialon found that marriage duration is inversely associated with wedding spending but positively associated with the number of guests, suggesting that community support, not financial spectacle, predicts marital stability.

By Daniel Voss, Economics & Consumer Behavior Β· July 23, 2026

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A single gold wedding band resting on a worn wooden table in warm amber morning light with a blurred garden visible through a window

πŸ“‹ The Study

Title
"A Diamond Is Forever" and Other Fairy Tales: The Relationship between Wedding Expenses and Marriage Duration
Authors
Francis-Tan & Mialon, 2015
Institution
Emory University
Journal
Economic Inquiry, 53(4), 1919–1930
DOI
10.1111/ecin.12206
Sample
n = 3,151 ever-married U.S. adults, recruited via online survey (Amazon Mechanical Turk)
Method
Cross-sectional survey with multivariate regression, controlling for income, education, age, race, religious attendance, employment, and relationship characteristics
Key Finding
Wedding ceremony spending above $20,000 was associated with 3.5Γ— higher divorce risk compared to $5,000–$10,000, while attendance of 200+ guests was associated with 57% lower divorce risk
Effect Size
OR β‰ˆ 3.5 (spending $20K+ vs. $5K–$10K); OR β‰ˆ 0.43 (200+ guests vs. 1–10 guests)
Counterintuition
⚑⚑⚑ 3/5
Replication
Not yet independently replicated. Corroborated by related findings from the National Marriage Project on wedding attendance and marital quality. Cited in subsequent economic modeling by Shobande (2025).

The Price of Forever

The American wedding industry operates on an unexamined premise: spending more reflects loving more. A better venue signals a better partnership. A bigger diamond proves deeper commitment. The average U.S. wedding now costs roughly $35,000, and couples routinely go into debt to reach that figure, because the alternative feels like an admission that the relationship isn't worth the investment.

Two economists at Emory University decided to check whether the investment pays off.

What 3,151 Marriages Revealed

Andrew Francis-Tan and Hugo Mialon surveyed 3,151 ever-married adults in the United States, collecting data on wedding ceremony costs, engagement ring spending, and current marital status. They controlled for household income, education, age at marriage, race, religious attendance, employment, relationship duration before the wedding, and how the couple met (Francis-Tan & Mialon, 2015).

The relationship between spending and marriage duration was negative.

Couples who spent more than $20,000 on their wedding were 3.5 times more likely to have divorced than those who spent between $5,000 and $10,000. Those who kept the ceremony under $1,000 had the lowest divorce rates in the entire sample, 53 percent below average. Engagement ring spending followed the same pattern: men who spent $2,000 to $4,000 on a ring were 1.3 times more likely to divorce than those who spent $500 to $2,000.

But one finding reversed the obvious interpretation that smaller is simply better. Couples who invited 200 or more guests were 57 percent less likely to divorce than couples with 10 or fewer attendees. The signal was not about austerity. It was about community.

People, Not Price

The split between spending and attendance is the study's most revealing result. Expensive weddings predicted shorter marriages. Large guest lists predicted longer ones. The researchers distilled their overall finding into one sentence: "The types of weddings associated with lower likelihood of divorce are those that are relatively inexpensive but are high in attendance."

Francis-Tan and Mialon proposed two mechanisms. First, wedding debt creates early financial stress. Within their own sample, couples who reported feeling stressed about wedding-related debt were significantly more likely to have divorced. Financial conflict ranks among the strongest predictors of marital dissolution across decades of family research (Dew, Britt & Huston, 2012), and a ceremony that pushes a couple into the red may serve as the marriage's first serious financial fight.

Second, a large guest count signals an established support network. A wedding with 200 attendees requires coordination among extended families, friend groups, coworkers, and neighbors. That network does not dissolve after the reception. When the marriage hits its inevitable rough stretch, the couple with 200 witnesses may have a deeper bench of people invested in keeping them together.

The Strongest Case Against This

The most serious objection is selection bias. Couples drawn to extravagant weddings may differ from those who prefer simpler ceremonies in ways the study's controls cannot fully capture. Perhaps people who prioritize lavish displays are more materialistic, more focused on the wedding as performance rather than partnership, or more susceptible to social comparison. If that is true, the spending is a symptom, not a cause. A frugal version of the same couple might divorce at exactly the same rate.

This criticism has genuine force. The data came from a Mechanical Turk survey, which is adequate for detecting correlations but cannot achieve the internal validity of a randomized experiment. You cannot randomly assign couples to spend $5,000 or $50,000 and observe what happens. The causal chain remains inferential.

Francis-Tan and Mialon acknowledged this directly: their findings are associational and "should not be interpreted as causal."

What We Didn't Prove

This study cannot determine whether cutting your wedding budget would improve your marriage. The negative association between spending and duration may be driven entirely by unmeasured characteristics of high-spending couples.

The sample, while large at 3,151, was recruited through Amazon Mechanical Turk in 2014 and skews younger, more educated, and more internet-savvy than the general U.S. population. The findings may not generalize to different cultural, economic, or generational contexts.

Wedding costs and marital status were self-reported retrospectively. Divorced respondents may recall their wedding expenses differently from those who remained married. And no independent replication of this specific study has been published, though the broader pattern linking large guest counts to better marital outcomes appears in related work from the National Marriage Project and the Institute for Family Studies.

The Bottom Line

In a sample of 3,151 American marriages, the $50 billion wedding industry's core promise did not hold up. More money on the ceremony predicted shorter marriages. The only variable that tracked with marital durability was whether the couple invested in having people present, not in having things.

A wedding is, at its core, a public commitment made before a community. The industry has reframed it as a consumer experience with a price-quality relationship. This study suggests that framing is backward. The value is in the room, not in the dΓ©cor.

What You Can Do

Redirect spending toward headcount. If you are planning a wedding, consider reallocating money from production costs (the venue upgrade, the photography package, the floral arrangements) toward including more people. A backyard reception with 200 guests may outperform a ballroom dinner for 50.

Check whether your budget is creating debt. Couples in this study who reported wedding-related financial stress divorced at higher rates. If the ceremony requires borrowing, the research suggests that is a risk factor worth taking seriously.

Go on the honeymoon. One additional finding in the data: couples who took a honeymoon were 41 percent less likely to divorce than those who skipped it. If a trade-off is necessary, the evidence favors spending on the trip together over spending on the party itself.

If you already had an expensive wedding, relax. A population-level correlation across 3,151 people cannot predict any individual outcome. Your marriage is shaped by factors that no survey captures.

Sources

  1. Francis-Tan, A., & Mialon, H. M. (2015). "A Diamond Is Forever" and Other Fairy Tales: The Relationship between Wedding Expenses and Marriage Duration. Economic Inquiry, 53(4), 1919–1930. DOI: 10.1111/ecin.12206
  2. Dew, J., Britt, S., & Huston, S. (2012). Examining the Relationship Between Financial Issues and Divorce. Family Relations, 61(4), 615–628. DOI: 10.1111/j.1741-3729.2012.00715.x
  3. Rhoades, G. K., & Stanley, S. M. (2014). Before "I Do": What Do Premarital Experiences Have to Do with Marital Quality Among Today's Young Adults? National Marriage Project, University of Virginia.