The median national funeral with a viewing and burial runs about $7,500, and the average funeral costs soar past $9,000 when you include a vault. However, cremation averages just $350 because most funeral homes can do this in-house.
Bankrate’s recent article entitled “Average funeral cost,” says, whether you’re planning for your own funeral in advance to relieve your family’s costs or for someone else’s, understanding the costs of a funeral and potentially how to cut them can make the process a little easier. Note that there are a number of fees for a funeral:
The average casket costs about $2,000, but premium caskets of mahogany and another wood cost as much as $10,000. Some buyers purchase a casket independently to avoid third-party markups. However, you’ll have to ship the casket to the funeral home. If you choose cremation, you can avoid the cost of a casket.
Here are some of the average costs you may incur for a funeral, according to the National Funeral Directors Association (NFDA):
In short, know exactly what you are buying in advance.
That may be the best argument for pre-planning and pre-paying.
Reference: Bankrate (July 12, 2021) “Average funeral cost”
Suggested Key Terms: Elder Law Attorney, Funeral, Burial
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