Do bridesmaids or groomsmen spend more on weddings? The answer may surprise you

That said, the festivities aren't cheap for anyone. Both bridesmaids and groomsmen spend well over $1,000 each on average, the survey of 502 men and 503 women found. 

"Of course, it's an honor to be asked to be a part of a friend or family member's wedding," said Cameron Huddleston, columnist for GOBankingRates. "But you should think carefully about whether you can afford the costs of being a bridesmaid or groomsman before saying yes. If you do agree to be part of someone's special day, you certainly should create a budget and stick to it."

>> Click here or scroll down to see some of the findings