The astronomical price tag may be keeping some high schoolers from participating in one of the most memorable social events of their youth: The Prom. According to a 2012 Visa survey, the average cost of prom is at an all-time high. Parents are expected to shell out big bucks to make this one-night event happen for their child, but most are scrambling to do it.

CouponCabin.com takes a look at what today’s prom costs and finds some helpful tips to help your teen save on the big day.

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The High Price of Prom

Irma Wallace

Irma Wallace

Co-founder and Vice President of SearchRank, responsible for many of the day to day operations of the company. She is also founder of The Arizona Builders’ Zone, a construction / home improvement portal.

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