what is driving increase in cost of funerals
The most expensive cost of a funeral is the casket, which on average has a mark-up of 289% from wholesale to retail, but sometimes is much higher. Under The Funeral Rule, funeral service providers must produce a âGeneral Price Listâ for all the funeral goods and services they offer.A government program is the nearest thing weâll ever see to eternal life on earth.â -President Ronald Reagan. Death is a dying industry with an economic phenomenon. As Americans perceived value of âtraditionalâ funerals diminish, the cost of funerals have increased nearly 1,328% in just four decades.