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Funeral expenses in the United States often cost thousands of dollars. The funeral costs you or your loved ones save up money for or pay out-of-pocket will depend on many factors, such as the type of burial, location, and whether you have insurance coverage. In this article, we’ll give a breakdown of the average costs associated with a burial.
The average cost of a funeral and burial is $7,360. This cost further increases to about $8,755 if you get a vault, as required by many cemeteries. However, if you opt for cremation, the price reduces a bit. The average cost of a cremation is about $6,260, a little lower than burial costs.
There are different services and materials you will pay for, depending on the type of funeral you choose. For example, the average casket made from fiberglass, metal, fiberboard, or plastic is about $2,400, while mahogany or bronze caskets can cost as much as $10,000.
For services such as funeral service fees, you can expect to pay around $2,100. This covers funeral home costs or labor or equipment at the cemetery. A vault costs about $1,395, while a cremation casket will cost you about $1,000. Other costs for services include embalming, facility usage, cremation fee, transportation, cosmetic preparations, etc. The most economical option for burial is a direct cremation.
Apart from the costs mentioned above, there are other items and services you may need during a funeral. This could further increase the burial costs. For example, a burial plot could cost between $1,000 to $4,000, depending on the location and the type of site. Private burial plots cost more than public burial plots.
Headstones and grave markers come in different types, depending on your preference. A simple headstone could cost as little as $200, while an upright headstone can cost $5,000. Specially designed statues and monuments can cost up to $10,000 or more. Apart from these, you may also need to pay for the flowers to be used for adorning the casket or ceremony.
It is also important to note that funeral costs vary by region. The difference could range from a few hundred dollars to a thousand dollars or more.
Burial costs reduce if you have insurance, such as final expense insurance. Final expense insurance covers end-of-life costs such as burial, funeral costs, and unpaid medical bills. Having a life insurance policy such as this can save your family from having to pay high funeral costs out of their own pockets.
For more information about final expense, contact us today at Expense Mutual.
Burial costs reduce if you have insurance, such as final expense insurance. Final expense insurance covers end-of-life costs such as burial, funeral costs, and unpaid medical bills. Having a life insurance policy such as this can save your family from having to pay high funeral costs out of their own pockets.
For more information about final expense, contact us today at Expense Mutual.
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