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Contrary to popular belief, you don't need to be rich to get a prenup. Regardless of how much they have in assets, more millennials are signing on the dotted line before saying "I do" thanks to the several benefits of prenups.

But do you need to be rich to be able to afford a prenup?

Maybe, maybe not. The cost of a prenup is typically $2,500, according to US News & World Report. Estate-planning attorney Ann-Margaret Carrozza told LearnVest couples can expect to pay $1,200 to $2,400 — but that's "if your finances are straightforward."

The cost of a prenup depends on where you live. In places with a higher cost of living, like major urban cities, you can expect to shell out a bit more for a prenup.