What Is The Average Cost Of A Funeral? - Magzinenow

What Is the Average Cost of a Funeral?


cost of a funeral

Over two million funerals take place in the U.S. every year, which shows how important understanding how to plan it is.

Familiarizing yourself with the average costs of funerals is key for organizing funds and makes planning far less stressful. If you don’t factor in the costs, you’ll end up making it worse. Maybe that’s why you’re here; you want to learn about the average costs and know the basics.

Sounds like you? Luckily, you’ve come across the right post. Read on to learn the average cost of a funeral.

Know the Average Cost of a Funeral

Anyone planning a funeral knows that the costs will vary, depending on the family’s needs and the location. Most funeral prices hover between $6,000 to $8,000 and are more expensive than cremation. If you’re still interested in a funeral, then make sure you can afford this to prevent falling into debt.

Further, it’s important to consider the different costs. For instance, aside from the basic cost, consider additional service fees like transporting and embalming the body.

Tips for Preparing for Funeral Expenses

During the funeral planning stage, figure out how to prepare for upcoming expenses. A common way to minimize funeral costs is by using life insurance to pay for the event. For instance, getting a Colonial Penn burial insurance plan will slash costs.

Like with any major investment, you should also shop around to compare prices. Funeral prices will vary between parlors, so be upfront about your budget and it’ll accelerate the planning process.

See also  What's The Difference Between CBD Vape Oil And CBD Tincture Oil

You should also only buy goods or services that your family wants. For instance, not everyone wants an opulent funeral, so work together to create an ideal funeral for the deceased.

Another way to save on funeral arrangements is to get a payable-on-death (POD) account. If you want to help your beneficiary, this lets you set up a funeral savings account and the funds will be released once a death certificate is shown.

Or, simply create a savings account for your own funeral service. Once you’ve covered your monthly expenses, set aside a chunk every month and it will slowly grow your funds. And to make it easier, create a joint savings account so that your loved one can access the money once you’ve passed.

Further, military members are eligible for special burial benefits. Note, this can either be during active duty or a non-related service death so there’s always a way to reduce funeral costs.

And if the death occurred because of a disaster, you can apply for FEMA Funeral Assistance.

How to Arrange a Funeral Today

Hopefully, now that you know the average cost of a funeral, it’s easier to plan ahead.

There are many elements to take on board, such as the basic service fee and how large you want the funeral to be. Luckily, there are many ways to minimize costs, such as applying for a payable-on-death account and creating a savings account. Good luck!

Did you find this to be an informative post? Then, check out the rest of our site for more great content.


pbn marketing