And yet, with the average cost of a wedding hovering around $28,000, it's no wonder that those in their early- to mid-20s are reluctant to tie the knot -- they likely don't have the money to do it.
On Thursday, author and Los Angeles Times columnist Meghan Daum offered another possible explanation for low marriage rates:
"We've been sent an insidious little message [about marriage]: that being committed to a partner means having graduated to a certain standard of bourgeois living," she said at a public forum in Beverly Hills, Calif. Daum explained that there is an unspoken cultural assertion that in order to earn the "right" to be married, couples must first reach upper-class status. "With unwritten cultural rules like that," she said, "it's no wonder marriage gets put on the back burner."
Do you have an explanation for why marriage rates are dropping? Share it in the comments or tweet @HuffPostWedding.