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August 1, 2013: The National Funeral Directors Association (NFDA) released the results of its 2013 Member General Price List Study. The report provides a comprehensive picture of the diversity of costs associated with a funeral, providing data that breaks down services by geographic region, size of firm and size of city/town.
Over the past decade, the median cost of an adult funeral in the United States has increased approximately 35.2 percent. This is similar to the 1991-1998 period for which studies were completed, where the cost of a funeral increased by 34 percent. The percent increase during the 1980s (1980-1989) was significantly higher (87 percent), reflecting the significantly higher inflation rates of the 1980s.
Perhaps the most frequently requested piece of information produced by the survey is the national median cost of a funeral. Since the 1960s, NFDA has calculated the median cost of a funeral by totaling the costs of the following items: non-declinable basic services fee, removal/transfer of remains to funeral home, embalming, other preparation of the body, a metal casket, use of the funeral home and staff for viewing, use of the funeral home and staff for a funeral ceremony, use of a hearse, use of a service car/van, and a basic memorial printed package (e.g., memorial cards, register book, etc.).
The national median cost of a funeral for calendar year 2012 was $7,045. If a vault is included, something that is typically required by a cemetery, the median cost is $8,343. The cost does not take into account cemetery, monument or marker costs, crematory fees (if cremation is selected instead of burial), or miscellaneous cash-advance items, such as flowers and obituaries. Many factors contribute to the final determination of how an individual funeral home prices its good and services, including the firm's business philosophy and the market in which it operates.
*Cost of adult funeral including extra items in 2009. Source: National Funeral Directors Association.
***Not affiliated with or endorsed by any government agency
Did you know...?
The Cost of a Funeral
A traditional funeral service, including a casket and vault, cost approximately $6,560 in 2009.* National Median Cost of an Adult Funeral: 2012 vs. 2009 - Average cost of a Funeral have risen annually from 2009 to 2012 at 7.4 percent change.**
Besides the funeral, additional services such as: monuments, markers, flowers, obituary notices, acknowledgement cards, and service cars can substantially increase the total cost and come in at well over $10,000. Final expenses may also include outstanding loans, medical bills, and credit card bills.
Like most things, the cost of a funeral is expected to increase with time. Our surprisingly affordable plans can help give you peace of mind knowing that you are covered.*** Call Andy Lopez @ (858) 549-6758.
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