According to studies performed by the United States Census Bureau, more than 32% of America's working population can be considered low income when looking at it from a purely legal and financial perspective.
This means that many people may be without sufficient savings accounts which can lead them into financial hardship if their loved ones were to pass and leave them with the financial responsibility of paying their final expenses and funeral costs.
So, how can low-income families find the assistance they need during an emotionally and financially draining time in their lives?
What Is the Average Funeral Cost?
To put this into perspective, it is important to gain a clear understanding of just how much the typical funeral may cost. Depending on the state and the chosen provider, the costs may vary; however, the average amount comes out to be approximately $8,500.
This number does not necessarily take into consideration additional costs associated with the funeral and burial, however, including flowers, transportation services, and even the burial site, headstone, or urn. The price continues to rise as these other expenses are figured into the final total. Even a cremation can cost upwards of $6,000 in some cases.
Typically, a funeral home cannot force a family to choose certain goods or services if they are not a necessity. This means that the family has the right to decline any extras or additional services that they feel they don't need.
It is important to discuss the costs with the funeral home and get all the relevant pricing as soon as possible before making any decisions. You can get the pricing prior to supplying them with any kind of personal information. There should also be a general price list available, and these expenses must be clearly outlined.
Additionally, if you are planning on cremation, there is absolutely no pre-requisite stating that you must purchase a new casket from them. Caskets are not mandatory. Alternatives will have to be offered. So, keep your funeral rights in mind when choosing the goods and services you need for your loved one.
Now that you understand the pricing a bit better, there are ways you can cut costs. There is a big difference, for example, between a traditional burial and a direct cremation. When looking at things from a strictly financial perspective, you will find that the costs of cremation may be easier to handle.
Viewings are another service that may cost more than you have available. This is not a mandatory cost when you choose to cremation, and there is also not a requirement stating that you need to choose a burial spot for cremation either.
As a low-income family, it may be easier to save a significant amount t of money when you choose cremation. Third party providers can generally help you with these kinds of services, and the costs can range between $250 and $500, which is far less than the average cost of a traditional funeral and burial.
So, choosing a direct cremation is a more economically secure option and allows you to keep the extras to a minimum.