Funeral Cost Inflation Calculator
In 2022, mortality for men was 74.8 years and for women it was 80.2 years. However, some consumers have more longevity than others when it comes to age so its important to realize the cost of what a burial may be in the future. This will assist in determining how much coverage is needed to satisfy the need based on inflation.
For example, if you are 70 years old, and family members consistantly live to be in the mid 90’s, although a full service cremation would be $6,237 on average in 2024, the REAL cost with inflation with individual mortality would be $12,678.
Use our Funeral Cost Inflation Calculator below to be more accurate.
| Year | Cost ($) |
|---|
Average Cost of Funeral Services in 2024
| Service Type | Average | High | Low |
|---|---|---|---|
| DIRECT CREMATION | $2,197 | $9,800 | $275 |
| FULL SERVICE CREMATION | $6,237 | $19,300 | $2,230 |
| AFFORDABLE BURIAL | $5,130 | $11,800 | $2,830 |
| TRADITIONAL FULL SERVICE BURIAL | $8,578 | $21,475 | $4,850 |
Data sourced from Funeralocity.
