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Friday, September 23, 2022
To quote Christopher Bullock's 1716 The Cobbler of Preston play, "Tis impossible to be sure of any thing but Death and Taxes." With Queen Elizabeth's funeral behind us now, a question one might ask is: What is the cost of dying?
☠️ The average UK funeral cost was £8,800 (about $9,500 in US dollars), a decline due to COVID regulations mandating smaller funerals. In comparison, the average cost in the US is about $19,500. (Axios)
📊 Year over year, the amount tax payers pay to help fund the royal family increases. WIth certainty, The total amount in 2022 is sure to skyrocket given the Queen's 70 jubilee, funeral and the expenses that are certain to come when there's a change in monarch (currency, mail boxes, legal changes, etc). (Reuters)
💡 Fact Fact: King Charles' coronation will occur sometime in 2023. When his mother, Queen Elizabeth, was crowned in 1953, her coronation was the first televised coronation with over 27 million people viewing the ceremony on television and 11 million listening on the radio. At the time, the UK had a population of 36 million population. (Royal)
Source: Statista (a), Statista (b), Statista (c), Statista (d), Axios, Reuters, Royal