How Much Does a Funeral Cost in 2023

What Are Other Possible Funeral Expenses to Consider?

Based on one’s preferences, you may also have to count these expenses to the final cost:

1- Cemetery Plots ($3,581): The cremation plot’s cost may vary as it depends on the region or state of the country. Along with this, the price also depends on the specifics of the cemetery, its location, and the size of a burial plot.

2- Grave Markers and Headstones ($2,000): An affordable expectation for a headstone may cost about $500 to $3,000. However, plain, flat grave markers typically cost hundreds of dollars instead of thousands.

3- Flowers ($70): Typically, it may cost you about $50 to $80. In addition, special arrangements can cost you various hundred dollars.

Cost of Cremation vs. Burial Services

Cremation services may cost you less on average as compared to burial, and the difference isn’t much between them. A study by the NFDA estimates a median cost of $7,848 for a funeral with viewing and burial services and $6,970 for viewing and cremation.

Moreover, some states demand to include a burial vault to protect the casket making burial services more expensive.

The cost of a viewing or memorial service increases the costs of both burial and cremation. On the other hand, if someone chooses direct burial or direct cremation, that doesn’t include any event or memorial service, he has to spend much less. For instance, a direct cremation may cost you about $2,500.

Using a Life Insurance Plan To Pay For A Funeral

Getting a life insurance plan for funeral expenses is the best way to ensure that your family will not be left with hefty bills. In this way, you can arrange your funeral and give your loved ones financial protection in an already tough time.

Funeral expenses are costly, but aside from them, there are some other costs related to death that you have to consider. Otherwise, all of these expenses are to be managed by your loved ones after your death. In that way, your family will be left with bills from end-of-life care. Moreover, they also have to pay daily life bills and expenses that you may have covered for them.

Read More: (Final Expense Insurance)

Having life insurance like funeral or burial insurance for your final expenses would be beneficial as it will pay a lump sum amount to the aligned beneficiaries. This amount can be used however your family members want to. However, the turnaround time to get the death benefit is pretty short, as sometimes within a week of filing a claim, the beneficiary gets the amount.

With the right coverage of the insurance plan, your family can use the payout to finance your funeral and final expenses. If you opt for enough coverage, the death benefit would also cover some other expenses like medical bills, debts, or daily routine expenses.