The cost of a casket is determined by the type of material used and the quality of the interior materials. The more expensive options are typically made of materials like mahogany or copper, while less expensive options are made of pine or oak.
Funeral directors can mark up caskets and their services because many people don't shop around for a funeral home when making arrangements due to being in a state of grief.
A Funeral Rule enacted by the Federal Trade Commission regulates the funeral industry to prevent their predatory practices. Families can now look to third-party companies such as Amazon to purchase affordable caskets while still honoring their loved ones.
This episode discusses Ghana's tradition of making stylish and unique caskets, as well as the projected 58% cremation rate in America for 2021 and the prediction that it will reach 75% by 2030. The hosts also consider the potential impact on casket demands due to cremation.