Wedding Gift-Giving Tendencies Vary by Region, According to Bankrate Report
Wedding gift-giving habits tend to vary by region, according to a new report from Bankrate.com.
The Northeast is the biggest outlier of them all, with significantly higher standards for the value of a typical gift.
Guests in the Northeast are more than twice as likely as the rest of the country to spend big on a wedding gift for a close friend or family member.
Thirty percent indicate their typical gift is at least $200 in value, compared to just 13% of everyone else. Similarly, for gifts given to colleagues, acquaintances and distant relatives, 46% in the Northeast spend at least $100, compared to 24% of the rest of the country.
As for the preferred type of gift, Northeastern and Midwestern gift-givers bring cash or a check most often, while those in the South and West are more likely to buy a physical gift off the registry. Less popular answers include store-specific gift cards, pre-paid gift cards and honeymoon contributions.
Gift types also vary by age.
Forty-six percent of the Silent Generation and 33% of Baby Boomers indicate they prefer to give cash or a check, compared to only 20% of Millennials.
Gen Xers and Millennials are more likely to give a physical gift off the registry (34% and 24% respectively) compared to just 13% of the Silent Generation and 19% of Baby Boomers.
For some, the added expense of attending a wedding is too much of a financial strain altogether. Twenty-one percent indicate that they have declined a wedding invitation because they felt they couldn’t afford to go, including 27% of women and 16% of men.
The survey was conducted by Princeton Survey Research Associates International.
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