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_PromNiteProm season is almost upon us! Perhaps the biggest social event of a teenager’s life, it is also the largest event planning project a high school student will tackle. From raising funds to subsidize expenses, renting a venue, selecting a theme, hiring entertainment and promoting the event, prom committees put in months of planning to ensure a memorable night for everyone.

According to a 2012 Visa Survey, the average American household spend about  $1,078 per teen, a 33.6% increase from 2011, with families in the Northeast spending an average of $1,944 per teen. For a breakdown of where the money goes as well as planning tips on how to economize, check out the infographic by CouponCabin below.

Latest Infographic from CouponCabin