Stats on the Average Funeral Home affect Average Funeral Cost

Statistics on the Average Funeral Home affect the average cost of a Funeral.  By looking at two statistics about the average funeral home you can come up with the industry standard for the average cost of a funeral.

First the Average Funeral Home does 100 funerals a year. This is down from several years ago when the National Funeral Directors Association  said the average number of Funerals done by a Funeral Home was 112 per year.

Second the average funeral home makes about 1 million USD per year. That may come as a surprise  to some. Consider  Traditional Funeral Homes have a large number of fixed assets.

So if we do simple math the average cost of a funeral is $10,000 per funeral.

There has been a rise in folks asking for a low or lower cost funerals. This is do primarily to the economic downturn. There has been a rise in cremations since the Wall Street crisis last September. We will be covering that in depth  in the future. For now you should know that because of this I have called the average cost of a funeral in 2009 to be 8,500.00+ USD per year. This does not include the cemetery costs.

Blog by Your Funeral Guy.
average cost of a funeral

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This entry was posted on Friday, February 6th, 2009 at 8:22 pm and is filed under Uncategorized, average cost, average cost of a funeral, blog, funeral, funeral cost, funeral expenses, funeral home, low cost funeral, lower cost funeral, your funeral guy. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.