How Much Money Will You Spend on Your Child’s Graduation Party?

How much money did you spend on your child’s graduation party? $100? $200 $300?

How about $578?

That’s how much Eden Prairie-based GraduationParty.com found people spent on average following a survey of an unspecified number of graduation party planners between July 25 and August 31.

According to a news release, the survey also found:

• 24% of party planners hired a caterer and 17% purchased food from a restaurant.
• 71% of party planners hosted their party in their home. 29% hosted their celebration at a party room, park, rental hall or unique venue.
• Additional expenses were incurred preparing homes for the party, with 23% reporting the completion of some type of home improvement project ranging from a small $75 deck staining job to a $10,000 kitchen makeover. The motivation to get projects completed in time for the grad party inspired people to spend an average of $1,420.
• 30% of party planners rented party equipment (tents, tables, chairs, serving ware, activities like large inflatables).
• The average number of party guests was 67.
• 51% served alcoholic beverages to their adult guests.

Of course, it’s not exactly clear how scientific that study is. That’s why Patch wants to know what you’ve done or plan to do for your children’s graduation parties. Share your thoughts in the comments section below.