How much does the average tuxedo cost?

The average cost of a tuxedo typically ranges from $150 to $500 for rental options, while purchasing one can range from $300 to over $1,500, depending on the brand and quality. Custom-made tuxedos may exceed these prices significantly. Alterations and accessories like shirts, shoes, and bow ties can also add to the overall cost. Prices can vary based on location, store, and fabric choices.