A $15,000 prom during an economic downturn might seem extravagant.
That didn't stop Litchfield students and their families from renting the theme park at Mall of America recently for about 200 excited teenagers. It was twice the cost of last year's prom, when wallets were fatter and times were better.
People may be driving less, shopping for more discounts and eating more meals at home, but almost no one is skimping on prom, industry experts said. The teen rite of passage appears to be recession-proof.
"I probably spent between $250 and $300" on a dress, prom ticket, manicure, hair styling and other preparations, said Litchfield High junior Kalli Swanson. "It was worth it."
In the metro area, high schools such as Richfield, St. Paul Central and Farmington won't be asking promgoers to put down more than $80 each like Litchfield did. But schools said there hasn't been any cost cutting, either.
"We're not feeling any ill effects" from the economic downturn, said Jim Hardin of Knights Formal Wear. "Prom is a big event in a young person's life. They usually beg, borrow or steal to come up with money to have a nice night."
Prom is such a big deal that universities study it. North Dakota State University family economics specialist Debra Pankow conducted a survey about prom in 2006. Pankow, who works to improve financial literacy in North Dakota schools, said students with multiple income sources such as after-school jobs are more likely to be the big spenders.
"We've got lots of industries that love prom, from flowers to limos, formal dress [stores], hair stylists and even tanning salons," she said. "I don't think the [word] recession is even in [many teens'] vocabularies."