Survey: Average prom spending exceeds $1,000

Posted at: 04/25/2013 6:38 AM
Updated at: 04/25/2013 7:42 AM

Going to the prom has become a costly endeavor for families of teens.
According to a Visa survey, prom spending this year will average $1,139. That number is up nearly six-percent from last year and up 41-percent from 2011.
Residents in the northwest will spend the most money on prom this year -- about $1,500 while, Midwesterners will spend the least $722.

The survey says single parents spend almost double the amount as married parents to make sure their teen has a great prom experience.