Are you the person in your friend group who’s always the one making plans and hosting parties? If so, it might be costing you a lot of money . . .
A new survey found the average party has 12 guests . . . takes about 10 hours of work . . . and costs almost $200 to put on.
The ten hours include 2 hours and 5 minutes of planning . . . 2 hours of shopping . . . 2 hours and 4 minutes to set up . . . 2 hours and 7 minutes of cooking . . . and 1 hour and 58 minutes to clean everything up.
The average party costs $196.77. That includes $67 on alcohol . . . $71 on food . . . and just under $60 on decorations.
Obviously, if friends pitch in or bring stuff, then not all of it falls on one person. But the survey found that when you tell people it’s BYOB, only 45% actually bring alcohol. And if you pay for a lot of parties yourself, it adds up.
The average host throws about seven parties a year. And if they pay for all of it, that adds up to $1,423 . . . or about $119 a month.
(More information and interesting stats here: NY Post)