To help combat the high cost of prom, Visa's free app helps teens and parents budget for every prom-related expense.
Spending on the annual high school ritual of the prom continues to outpace inflation and grew for the second straight year, hitting an average of $1,139 per family in 2013.
The survey results are based on 3,000 live telephone interviews conducted nationally from February 15-17, February 22-24 and March 1-3 in cooperation with GfK Roper OmniTel.
