(CNN) -- Prom season is upon us, and that means big spending.
A visa survey finds on average, families expect to spend $1,039 dollars on prom this year.
That's up about 40 percent from two years ago, but only a slight increase from last year.
Families in the northeast expect to pay the most, while midwestern families gave the most frugal estimate.
Visa surveyed more than 1,000 parents of prom-aged teens for the study.
The survey also found parents will foot about 60% of the prom bill, while teens cover about 40%.
One person will win a three-year lease on a 2013 Honda Civic Lx Sedan automatic.
Click to see the latest mugshots, plus this week's wanted fugitives.
This feature packed upgrade brings you faster performance, easier navigation, and stunning improvements to photos, video and readability.
Latest Money Headlines
Sticker shock at the pump may come to an end in Palm Beach County next year after years of complaints over cash and credit pricing.