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I've been selling funeral for 20 years now. It's definitely regional on pricing. But in my town we sold a standard funeral all day long for $5,500 in 1997. That same funeral sells for $9500 today.
Funeral inflation has been low during that time partially because of increased competition (price advertising) and also the internal competition from direct burial and direct cremation.
Just got a call from a client that is dying of cancer. He had called me a couple of weeks ago to let me know he is terminal. I had gone over his Gerber policy with him and recommended he start contacting funeral homes and especially cemeteries in his area. As that was going to be the largest hard cost.
So far the lowest cost for the dirt? $14,000.00 for a double and $13,000.00 for a single. This is just for the dirt, not the funeral. I suggested he continue to shop. But that is not an out of the ordinary cost. One of my clients was just buried here. Final Arrangements | Oak Hill Memorial Park San Jose California Cemetery Listing
San Jose, CA
I had a similar conversation with another client in the Slidell, LA area. Huge difference in cost. A $10,000 policy goes a long way there. in San Jose, CA not so much.
I was wondering if anyone has covered the regional differences and inflation cost in a thread. Most of the ones I found do not go very deep.