How to Plan Your Dream Wedding on a $5,000 Budget: A Complete Guide

Why we should take wedding budget planning seriously?

Now that you’re engaged, one of the happiest days of your life is on the horizon! Problem is, it could easily be the most expensive, too. But!!! what if I told you there's a way to save $30,000 in just one minute? Sounds unbelievable, right? Well, stick with me, because I'm about to show you how. 

The average wedding in 2023 costs a staggering $35,000. To put that into perspective, that's like buying fifteen iPhone 15 Pro Max phones, or a brand-new base model 2021 Ford Mustang, which costs $27,865. That's a hefty sum! 

But here's the exciting part: you don't need to spend anywhere near that amount to have a beautiful and memorable wedding. In fact, you can plan an incredible wedding day for as little as $5,000

We're here to help you make that happen. Below, you'll find a detailed budget breakdown for a $5,000 wedding, along with some savvy money-saving tips to ensure your special day is both stunning and affordable. Ready to transform your wedding dreams into reality without breaking the bank? Let's dive in!

Average Wedding Budget Breakdown

All right, so where does all the money go in this so-called “average” wedding bucket? According to data from the largest wedding planning website in the USA, the breakdown looks something like this wedding budget spreadsheet:

  • Venue rental
  • Officiant's fees
  • Catering
  • Photographer
  • DJ
  • Wedding invitations
  • Groom's attire
  • Travel Expenses
  • Flowers
  • Marriage license
  • Wedding cake
  • Videographer
  • Live band
  • Bridal gown
  • Hair and makeup
  • Wedding favors

Ok, yes. That’s some serious cheddar. But before you start looking into elopement packages, let’s look at these numbers in a different way. 

When you break each of these expenses down into percentages, it looks something like this:

Wedding breakdown chart

Wedding budget breakdown

Now, all we need to do is shrink these percentages to fit your 5,000 budget. Granted, we might need to tweak things a little. Your venue might end up costing 60% of your budget, or your wedding dress might take up 10%. But that’s ok  - because you can cut back on other expenses to compensate. 

Here’s a breakdown of how you can pull off each of these wedding expenses for a total $5,000 or less.

1. How to determine the guest list

Before we dive into the nitty gritty, let’s talk guest lists. The fact of the matter is, pulling off a $5,000 wedding is a heck of a lot easier when you cut back on invites. 

A low budget wedding usually consists of 50 guests or fewer. Only your closest friends and family members make the list, which is perfect for a more intimate ceremony.

Reception table decorated with tableware and flowers

Photo by @michellegodfreyphoto

How do you whittle down the list if you have a big family or a lot of friends? Start by making a list of everyone who HAS to be there, then a second list of prospective guests you’re on the fence about. To decide who ultimately gets an invite, you and your partner can try asking yourselves:

  • Have we talked to this person in over a year?  
  • Would we invite this person because we want to see them, or because we feel obligated?  
  • Would it be inconvenient for this person to travel to the wedding?  
  • If we invite this person, are we obligated to invite someone else? (IE. If you invite your Great Aunt Carol, will she also expect invites for her partner and kids?)

If you’re getting financial help from your parents or another relative for your wedding, you can ask for their input on the guest list. But if you’re paying for everything yourselves, that’s not strictly necessary. Once you’ve got the guest list all sorted out, you can dive into other aspects of wedding planning.

2. Choosing a budget-friendly wedding venue

$5,000 is a decent chunk of change. Still, when the average wedding venue costs $10,400, more than double your budget, it’s easy to feel discouraged right off the bat. While you might not have luck convincing a manager to rope off half their venue space for you, you can find plenty of alternative wedding venues for a low cost, such as:

  • City Hall - A simple city hall ceremony can set you back anywhere from $25 to $100. 
  • A couple walking together with a bouquet in hand

    Photo by @helenawongphotography

  • A Church or Religious Organization - If you or your partner are members at a church, mosque, or synagogue, you might be able to use the space for free or a small fee.  
  • Colleges and Univerisites - If you or your partner are alumni, you might have free or discounted access to your school’s event spaces.  
  • Parks - National Parks are totally free, and you can potentially rent out a pavilion for somewhere between $50 and $200.  
  • A couple kissing in a park

    Photo by @DearlyBeloved.Weddings

  • Beaches - Plenty of public beaches allow weddings for free. But some states might issue a beach wedding permit for $100-$150. 
  • A couple standing on the beach

    Photo by @quetzal wedding photo

  • A Private Club - If you’re a member of a local club, you could potentially use their event space for free or a small fee.

For another awesome venue resource, check out Peerspace. They’re great for budget-friendly weddings, since they allow you to rent venues by the hour instead of by the day. How does that help, exactly? Because if you only want the space for 5-8 hours, then you’ll only pay for those hours. 

And when you consider that the average wedding venue costs $175 an hour on Peerspace, that means you can have 6 hours in a space for $1,050, plus any cleaning fees. That’s plenty of time for an epic ceremony and reception.

Budget: Let’s set aside $1,200 for a venue.

3. Choosing budget-friendly wedding flowers

“I must have flowers, always and always,” -Henri Matisse.

As Matisse said, flowers not only enhance a painting but also fill your wedding venue with vibrant colors and elegant vitality.

But we all know that the average cost of wedding flowers is a whopping $2,300. That's quite an expense. However, who says your flowers have to come from a florist? This is where the faux floral advantage comes in.

First of all, faux flowers can be four times cheaper than real flowers! Not only that, using faux flowers also allows you to enjoy the fun of DIY. You don't need to pay someone else to arrange the flowers for you—you can do it yourself and use the money saved to buy more DIY materials, fueling your creative fire. 

To help you better experience the charm of faux flowers, Ling’s Moment has specially crafted solutions for different needs and preferences.

If you're curious but not yet convinced...
We understand that seeing is believing. That's why we offer exquisite sample products. You can get a feel for the texture and color of our faux flowers firsthand. We are confident that once you see how lifelike our faux flowers are, you'll fall in love with them.

If you're interested but unsure where to start...
Choosing the right flowers can be overwhelming. To make it easier, we've prepared specific color-themed packages. Our professional design team has thoughtfully curated various color combinations of faux flowers, saving you the hassle of decision-making. Simply select your favorite color theme, and effortlessly create a dreamlike wedding scene.

If you're ready to dive in and make your own choices...
For those who are already excited about faux flowers and want to handpick their selections, we highly recommend our best-selling products. These items have been tested and loved by many, making them classic hits. Each one is a bestseller, allowing you to freely choose and match to create your own unique style.

Budget: Let’s allot $560 for DIY faux flowers, greenery, and other materials.

4. Choosing budget-friendly wedding invitations

We’ve talked about the power of the e-vite before, along with our favorite sites to create and send free wedding invitations digitally. But for $5,000, you can afford to send invites the old fashioned way - through ye olde snail mail.

Instead of recruiting a pro to create and send them for $530, put your DIY skills back to work and print out an invitation template from the internet. Free sites where you can download and customize printable invitation templates include:

  • Canva (Plentiful templates)
  • Greetings Island (Free and paid templates available)
  • Koala Ray (Free invitation maker)
  • Etsy (Seriously, some sellers make downloadable templates, although you’ll pay a fee.)

Find your favorite invitations and print them on cardstock paper. You can find a pack of fifty 8x10 cardstock sheets from a craft store for around $6. Depending on the size of your invitations and how you have your printer centered, you could potentially get RSVP cards out of the same sheet. But let’s buy two packs of cardstock - just in case the printer eats an invitation.

Some flowers placed beside a wedding invitation and rings

Photo by @ryannwinnphotography

As for postage, that typically runs $0.58 for a standard envelope these days, but you’ll need to double that if you’re including return postage for RSVPs. And if your invitations use extra heavy cardstock, you might need to weigh them at the post office first. Just to make sure they meet the weight limit.

Budget: Let’s allot $90 for cardstock, postage fees, envelopes, and any extra embellishments you want to add, like ribbons.

5. Choosing a budget-friendly catering

At an average of $75 per person, you could spend nearly $4,000 on catering alone. So what are you supposed to do if you can’t spend that much? Draw straws and see who gets a plate of food? Not necessarily.

Bear in mind, $75 per person is for traditional full-service catering - the fancy kind with wait staff. If you don’t care about the formality, there are plenty of more budget-friendly ways to feed a crowd, like:

  • Drop off catering - Average cost: $600 for 50 people. 
  • Have a local restaurant drop off food orders at your reception venue. Everyone gets to choose their meal, so you don’t have to worry about picky eaters.
  • Buffet - Average cost: $1,250 for 50 people. 
  • Arrange a self-service buffet from a local caterer. Everyone can help themselves to as much or as little as they like, and you can take home the leftovers afterward.
  • A few signs and tableware placed on a table

    Photo by @DSTICHERTPHOTOGRAPHY

  • Food truck - Average cost $800 for 50 people. 
  • Food trucks are essentially caterers on wheels and are easy to rent for events online. Plus, how adorable would it be to take wedding pictures with one? Especially if you choose a retro trailer and your wedding is vintage-inspired.
  • A horse standing beside a food truck

    Photo by @keziah.renee

Total Budget: let’s allot $800 to feed 50 guests with a food truck.

6. Wedding reception food ideas on low budget

“Let them eat cake,” -Marie Antoinette

Well, if you insist. The average wedding cake costs $500 from a bakery. Which is… actually pretty feasible for a budget of $5,000! But there’s still an opportunity here to save a little extra dough (or should it be batter?) The exact cost of a wedding cake can depend on several factors, such as:

  • The number of tiers 
  • The complexity of decorations 
  • The number of flavors
  • The experience level of the baker

You could potentially dial back the price by choosing a simpler design, or going with fewer layers since your guest list is shorter. And no offense to Madame Antoinette, but you don’t have to serve cake at your wedding, either.

Single serving desserts can be more economical from a bakery. Some options to consider include:

  • Cupcakes  - usually ranging anywhere from $20 to $50 per dozen.  
  • Donuts - anywhere from $8-$30 per dozen.  
  • Cream puffs - $15-$33 per dozen
A sign and some dessert put on a table

Photo by @ryannwinnphotography

Not only can these options help you enjoy a more budget-friendly wedding sweet, you can get a unique statement piece for your reception. One word - yum!

Budget: Let’s budget $300 for cake or any dessert of your choosing.

7. Choosing an affordable wedding photographer

Ask any wedding planning expert about budgets, and they’ll almost always agree - the one element you shouldn’t skimp on is photography. After all, if you’re going to be hanging these photos above your mantle for the next 50 years, you want them to look nice.

“Ok,” you might say. “But hear me out: that’s expensive.” And you’d be right. At an average of $2,400, wedding photos from a pro photographer can easily eat up almost half of your $5,000 wedding budget. But let’s look at that number a little more closely.

A couple walking down the aisle together

Photo by @Mayapapayapictures

A lot of photographers will stay with you for your entire wedding day - from the time you get ready until you boogie out the door at your reception. As a more budget-friendly alternative, some pro photographers might offer more basic packages that only cover a few hours of shooting, allowing you to get the important pics in without going over budget.

Also, no one says you have to go with a professional. Student photographers need work, too. They usually charge less for their services - anywhere between $50-120 an hour, according to Fix the Photo. If you can find a student photographer that charges $100 an hour, you could get a whole 8 hours of coverage for $800. Sounds like a picture-perfect solution! … Get it? Yeah, thought you would.

Budget: Let’s set aside $800 for a student photographer or a basic package from a pro.

8. Choosing budget-friendly dresses

In the so-called “average” wedding, your wardrobe takes up about 8.5% of the budget. We’re tweaking that a little and making it 12%, giving you $600 to find new duds.

If you split that in half, that’s $300 each to dress yourself and your fiance for the day. Ok, don’t spiral. It is possible to find a dress for that amount. You just have to look outside the bridal salon.

Plenty of department stores sell formal dresses off-the-rack in white. You can look into secondhand sites for wedding gowns, which can help you get a nicer gown for cheaper than you could brand new. Options to consider include:

  • Nordstrom 
  • Macy’s
  • StillWhite
  • Thredup
  • Nearly Newlywed

Another option? Just rent your outfits. You can find recommendations for our favorite rental sites for bridal gowns and suits on our blog, How to Plan a Wedding on a Budget of $1,000.

A wedding dress hung on the wardrobe

Photo by @katherinerose.co

Budget: $600 for new or rented attire.

9. DIY your wedding makeup and hair

With your outfits sorted away, it’s time to complete your look with hair and makeup. This expense normally goes for $250 for a professional to style you for the day. So, you could totally swing this if it’s a priority!

A bride getting her makeup on

Photo by @julietmaceyphotography

If it’s not, then there’s an opportunity to save here by doing your own hair and makeup for the day. You’ll get to put your influencer skills to the test and finally apply all those Tiktok tutorials you’ve been hoarding!

Budget: Let’s budget $100 for some new goodies, like a new eyeshadow palette or curling iron. (Treat yourself.)

10. Using affordable wedding music

“Rhythm and harmony find their way into the inward places of the soul,” -Plato.

Right on! But if you want a professional DJ to supply the rhythm and harmony at your reception, you’re looking at an average of $1,400 for the night. But again, anything worth doing is worth doing yourself for way less.

DJ equipment rentals can start at as little as $125 an hour, with more advanced packages going for a few hundred dollars. All you need to do is recruit a talented friend or family member to work the turntables or laptop for you. Alternatively, you could skip the equipment altogether and employ a little help from your old friend DJ Spotify.

A band playing music

Photo by @julietmaceyphotography

Some professional DJs might take issue with the suggestion that you can automate their job with an iPhone. But let’s be honest here: you totally can. Obviously, you won’t have the charisma or a real person conducting the party. But if all you care about is the music, you can just curate a wedding playlist, then connect it to a few Bluetooth speakers or your venue’s sound system.

Budget: Let’s allot $250 for a two-hour rental with basic DJ equipment. But you can skip this expense if you’d rather have a Bluetooth speaker.

11. Remember the Miscellaneous Expenses:

Now that we’ve got most of the major elements of the ceremony and reception taken care of, let’s talk about the miscellany.

Of course, you’ll need a wedding license to get your whole wedding shindig off the ground. The cost varies from state to state, but the nationwide average is about $60. You’ll also need an officiant for said shindig.

An ordained officiant’s fees usually average around $300. Still, in some states, an officiant doesn’t need to be ordained to conduct a ceremony - meaning one of your family members or friends could do it for free! It’s also possible to get ordained online for free or a small fee - usually around $50 or so.

A couple taking their oath before an officiant

Photo by @noblephotoco

Additionally, you could encounter plenty of other miscellaneous expenses cropping up throughout the day, such as:

  • Table & Chair Rentals 
  • Taxes 
  • Delivery fees 
  • Travel expenses 
  •  Cake cutting fees (Which is why single-serving desserts are awesome!)

Let’s set aside some extra cash here to deal with any of these hiccups.

Budget: We’ll allot $300 for your wedding license, a tip for your officiant, and any extra expenses that might crop up.

Total:

So what’s the damage here?

  • Venue, Catering and cake - $2,300 (46%) 
  • Photography - $800 (16%) 
  • Entertainment - $250 (5%) 
  • Wardrobe - $600 (12%) 
  • Hair and makeup - $100 (2%) 
  • Flowers & decor - $560 (11.2%) 
  • Stationary - $90 (1.8%)

Bringing us to a grand total of $5,000 on the nose.

Bear in mind that this is just an example budget. Your mileage on each element may vary. And hey, no one says you have to stick to the percentage formula here.

If you don’t care about having DJ equipment, you can outsource this expense to a Bluetooth speaker and put that money into something you care about more - like your wedding dress. On the other hand, if you’re able to save money by wearing an heirloom family wedding dress, maybe you can use that money to hire a pro DJ and have the dance rave reception of your dreams.

A couple standing on the dance floor

Photo by @madisongracephoto

It’s all totally customizable, and you don’t even have to skimp if you play your cards right. So now that you’re deck is full with knowledge, go out and conquer the world! Or just your wedding, whatever you have time for.



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