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How the heck do you manage to host a $3K cocktail party?

You can run an open bar with two bartenders for 50 people for that price? (Unless everybody is a complete lush, I guess ;)

I can easily imagine a high end catered party costing that much.

I don't think there is an upper limit on how much hosting a party costs. You can always go fancier if you have money to burn.

Christmas dinner for my immediate family almost $500. That was pretty much dinner and our favorite appetizers but does not count the liquor and wine. This was just me, my ex, five kids, a daughter in law and grandchild. I can see getting to 3k pretty fast.
How did you spend $500 on dinner for 9 people? I hosted Christmas dinner for my family with about 10 adults and 10 kids, and it cost at most $200 divided between 5 families, alcohol included.
Dinner for twenty people at $200 is farcical in the US unless your family owns a farm or something. Going to need more details because I'm inclined to say that's bullshit.

Beer and liquor alone would blow past that figure.

No farm is needed. It's not that hard. I spent about: $25 on a chicken dish (chicken from Costco + ingredients), $15 for baked mac & cheese (ingredients from Meijer), $20 on ciders, $40 on 2 bottles of Cherry Republic wine. The other family members: $20 on raw vegetables and cheese platter; $20 on fruit; $10 potato dish; $10 vegetable dish; $15 on dessert; $15 on salad. Oh and $2 on juice boxes for the little kids (~4 from a juice box 40 pack from Costco). I'm estimating what the others spent, but that's what it would cost me to make the same dishes. That totals to $192.
"host" implies in your home, not in a restaurant.

If your version of hosting is "let's outsource it and just open the wallet", then, yes, sure, you can spend a lot of money. It ain't hosting, though. You failed the "what if I just replaced you with a bank account" test.

Yes, I know what hosting is and $200 for that many people is still farcical.
Well 50 people attended. So. Yea? Two parents for 21 students or so plus a few extras.
GP said 'open bar with 2 bartenders'. I.e. commercially priced drinks, and staff. Did you have those? If so, pro tip, next time just get a few cases of various drinks, plonk them on a table with a bunch of glasses (rented, if need be) and call it good. People can't drink soft drink for more than, say, 3 USD worth in an afternoon; and even if you served 12 years Glenfiddich to everyone including the children, enough of it to knock them all out, you still wouldn't have spend more than $1000.

So yeah still wondering what sort of party you threw. I mean, yeah it's easily possible to spend that much, but it's also possible to do it for much less and you don't even need to really try.

> If so, pro tip, next time just get a few cases of various drinks, plonk them on a table

That's not a cocktail party, that's a tailgate.

> GP said 'open bar with 2 bartenders'. I.e. commercially priced drinks, and staff.

GP here, and no, that doesn't mean that.

It means you hire 2 bartenders to make the drinks, and you buy the supplies they use.

And, no, if you want a cocktail party, you don't "plonk a few cases of drinks on the table". That's also a fun party, but a different kind.

This is not a 'pro tip' this is a clueless tip.
That honestly seems quite cheap for 'very upper class' where I imagine everyone's suited and booted, dressed up for the evening, possibly some live music, etc.
Correct. I did not spring for live music or help.