Posted in: Finance Last updated: 03 Aug 2016

Introducing Life's Moments

The Cost of our Milestones

From passing your driver's test and hitting the road to planning that all-important marriage proposal, there are many milestones we'll experience throughout our lives.

While what we consider to be poignant events will differ - and no one can predict what we'll each go through - there are a certain few experiences that we're all more likely to encounter at some point in our lives. But have you ever wondered just how much it costs to experience them? While of course you can never put a price on their emotional worth, here we look at the monetary cost of life's most precious moments.

The infographic below shows just how much the average spend is on experiences from raising a child and going to university to buying a house and even getting divorced. Take a look below to find out the details! 

 Life's Moment  Average Cost
 First car  £6,768
 University tuition fees  £8,500
 Buying a house  £214,000
 Engagement ring  £573
 Wedding  £24,000
 Divorce legal costs  £1,300
 Funeral cremation  £3,572

Article exploring the average costs of Life's Moments

Note:  Whilst we take care to ensure Hub content is accurate at the time of publication, individual circumstances can differ so please don't rely on it when making financial decisions.

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