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Prom price index shows cost of celebration is getting relatively cheaper – even at a time of high inflation

  • Written by Jay L. Zagorsky, Clinical Associate Professor, Boston University
Prom price index shows cost of celebration is getting relatively cheaper – even at a time of high inflationProm is more than just a big dance party – and can cost a pretty penny.AP Photo/Paul Ratje

Going to the prom can be an expensive affair for cash-strapped teenagers. Past estimates and surveys put the average cost anywhere from US$600 to $1,000or more. Some teens reportedly spend upward of $2,000 on the traditional dancing ritual at...

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