We’ve already told you about how more people have moved in together for love – or more likely to save a little money – over the course of the recession.
Now, it turns out there there are other financial benefits to coupling up. The website Bundle crunched the numbers and found that typical New York couples save more than $1,000 per month, just by saying, "I do."
Editor Mike Dang writes:
According to Bundle data, from July 2009 to June 2010, the typical 26- to 35-year-old single female and single male earning between $40,000 and $50,000 in New York City spent a combined average of $5,255 a month, not including rent or mortgage. If they got married and combined their incomes, our data shows that they would have spent $4,079 within the same time period. This means that these single New York men and women spent a combined average of $1,176 a month — or $14,112 a year — more than they would have if they got hitched and were living the married life.
According to Bundle's analysis, a lot of that money is going toward dining - otherwise known as dating. Single people also are spending more on groceries, clothing and personal care.
Of course, you could just look at that extra cash as an investment - in getting married and saving money.