Some numbers seem obsene to me.
Why in god's name does a middle class kalla need 10G in gifts???
(as an aside - what in the world does prioritizing a sick relative have to do with overspending on a bracelet - is it some sort of new segula

)
True, I got married in EY, but under 6 years ago. but jewelry wise, My kalla got a CZ ring, candlesticks, and a necklace in the yichud room (which was nice enough to get admired by someone whose name is on buildings across the world). She also got a high-end bosch or Kenwood (which is the engagement gift here) Technically we have the money for machzorim in an envelope...
I doubt my parents spent more than $4000. Their annual income is also at least five times the example families.