King Charles' Coronation Costs £72 Million

King Charles' coronation in 2023 cost British taxpayers £72 million (US$90.7 million), significantly less than the £162 million spent on Queen Elizabeth's funeral. The Department for Culture, Media and Sport (DCMS) covered £50.3 million, and policing costs accounted for £21.7 million. The event, watched by an estimated two billion people globally, was intended to be a 'cut-price' affair compared to previous coronations, reflecting modern times and financial difficulties facing many citizens. Despite efforts to minimize costs, critics argue that such spending is excessive given the current economic climate. Supporters, however, highlight the coronation as a historic occasion that brought international attention to the UK, showcasing British culture and creativity. The event was deemed a once-in-a-generation opportunity to strengthen national identity and improve Britain's global standing.