In an absolutely fascinating post on Daily Capital, I’ve learned that the cost of a funeral has risen from just $983 in 1971 to over $7,000 today. Meanwhile, as a result of the rise in funeral costs, cremation rates have SOARED from just just 6% to now over 43% in the same time period. Cremations “only” cost $3,000 a body, or roughly 55% less than a funeral.
Take a look at these charts by the National Funeral Director’s Association:
MEDIAN FUNERAL COST IN THE US