Prince Harry and Meghan Markle wedding could cost more than $30 million

It will be a wedding fit for a prince, with a price tag that could make King Midas blush.

Prince Harry and Megan Markle’s announcement that they will marry next spring sent London into a tizzy Monday morning that may last through the marriage ceremony.

The British capital knows what a “wedding of the century” entails after being strung along through the fanfare of Harry’s older brother William tying the knot six years ago, though the red-haired royal and his Canadian bride-to-be could eclipse the staggering figures spent in 2011.

RELATED: Prince Harry and Meghan Markle engagement photo call

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Prince Harry and Meghan Markle engagement photo call
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Prince Harry and Meghan Markle engagement photo call
Britain's Prince Harry and his fianc� US actress Meghan Markle pose for a photograph in the Sunken Garden at Kensington Palace in west London on November 27, 2017, following the announcement of their engagement. Britain's Prince Harry will marry his US actress girlfriend Meghan Markle early next year after the couple became engaged earlier this month, Clarence House announced on Monday. / AFP PHOTO / Daniel LEAL-OLIVAS (Photo credit should read DANIEL LEAL-OLIVAS/AFP/Getty Images)
Britain's Prince Harry and his fianc� US actress Meghan Markle pose for a photograph in the Sunken Garden at Kensington Palace in west London on November 27, 2017, following the announcement of their engagement. Britain's Prince Harry will marry his US actress girlfriend Meghan Markle early next year after the couple became engaged earlier this month, Clarence House announced on Monday. / AFP PHOTO / Daniel LEAL-OLIVAS (Photo credit should read DANIEL LEAL-OLIVAS/AFP/Getty Images)
LONDON, ENGLAND - NOVEMBER 27: Meghan Markle with her engagemnt ring during an official photocall to announce the engagement of Prince Harry and actress Meghan Markle at The Sunken Gardens at Kensington Palace on November 27, 2017 in London, England. Prince Harry and Meghan Markle have been a couple officially since November 2016 and are due to marry in Spring 2018. (Photo by Mark Cuthbert/UK Press via Getty Images)
LONDON, ENGLAND - NOVEMBER 27: Prince Harry and actress Meghan Markle during an official photocall to announce their engagement at The Sunken Gardens at Kensington Palace on November 27, 2017 in London, England. Prince Harry and Meghan Markle have been a couple officially since November 2016 and are due to marry in Spring 2018. (Photo by Chris Jackson/Chris Jackson/Getty Images)
LONDON, ENGLAND - NOVEMBER 27: Prince Harry and Meghan Markle during an official photocall to announce the engagement of Prince Harry and actress Meghan Markle at The Sunken Gardens at Kensington Palace on November 27, 2017 in London, England. Prince Harry and Meghan Markle have been a couple officially since November 2016 and are due to marry in Spring 2018. (Photo by Mark Cuthbert/UK Press via Getty Images)
LONDON, ENGLAND - NOVEMBER 27: Prince Harry and actress Meghan Markle during an official photocall to announce their engagement at The Sunken Gardens at Kensington Palace on November 27, 2017 in London, England. Prince Harry and Meghan Markle have been a couple officially since November 2016 and are due to marry in Spring 2018. (Photo by Chris Jackson/Chris Jackson/Getty Images)
Britain's Prince Harry stands with his fianc� US actress Meghan Markle as she shows off her engagement ring whilst they pose for a photograph in the Sunken Garden at Kensington Palace in west London on November 27, 2017, following the announcement of their engagement. Britain's Prince Harry will marry his US actress girlfriend Meghan Markle early next year after the couple became engaged earlier this month, Clarence House announced on Monday. / AFP PHOTO / Daniel LEAL-OLIVAS (Photo credit should read DANIEL LEAL-OLIVAS/AFP/Getty Images)
Britain's Prince Harry and his fianc� US actress Meghan Markle pose for a photograph in the Sunken Garden at Kensington Palace in west London on November 27, 2017, following the announcement of their engagement. Britain's Prince Harry will marry his US actress girlfriend Meghan Markle early next year after the couple became engaged earlier this month, Clarence House announced on Monday. / AFP PHOTO / Daniel LEAL-OLIVAS (Photo credit should read DANIEL LEAL-OLIVAS/AFP/Getty Images)
Prince Harry and Meghan Markle at a photocall to announce their engagement at Kensington Palace, London. Photo credit should read: Doug Peters/EMPICS Entertainment
Prince Harry and Meghan Markle at a photocall to announce their engagement at Kensington Palace, London. Photo credit should read: Doug Peters/EMPICS Entertainment
Prince Harry and Meghan Markle at a photocall to announce their engagement at Kensington Palace, London. Photo credit should read: Doug Peters/EMPICS Entertainment
Prince Harry and Meghan Markle at a photocall to announce their engagement at Kensington Palace, London. Photo credit should read: Doug Peters/EMPICS Entertainment
Britain's Prince Harry and his fianc� US actress Meghan Markle pose for a photograph in the Sunken Garden at Kensington Palace in west London on November 27, 2017, following the announcement of their engagement. Britain's Prince Harry will marry his US actress girlfriend Meghan Markle early next year after the couple became engaged earlier this month, Clarence House announced on Monday. / AFP PHOTO / Daniel LEAL-OLIVAS (Photo credit should read DANIEL LEAL-OLIVAS/AFP/Getty Images)
US actress Meghan Markle shows reacts as she poses with her fianc� Britain's Prince Harry in the Sunken Garden at Kensington Palace in west London on November 27, 2017, following the announcement of their engagement. Britain's Prince Harry will marry his US actress girlfriend Meghan Markle early next year after the couple became engaged earlier this month, Clarence House announced on Monday. / AFP PHOTO / DANIEL LEAL-OLIVAS (Photo credit should read DANIEL LEAL-OLIVAS/AFP/Getty Images)
Britain's Prince Harry and his fianc� US actress Meghan Markle pose for a photograph in the Sunken Garden at Kensington Palace in west London on November 27, 2017, following the announcement of their engagement. Britain's Prince Harry will marry his US actress girlfriend Meghan Markle early next year after the couple became engaged earlier this month, Clarence House announced on Monday. / AFP PHOTO / Daniel LEAL-OLIVAS (Photo credit should read DANIEL LEAL-OLIVAS/AFP/Getty Images)
Britain's Prince Harry and his fianc� US actress Meghan Markle arrive to pose for photographs in the Sunken Garden at Kensington Palace in west London on November 27, 2017, following the announcement of their engagement. Britain's Prince Harry will marry his US actress girlfriend Meghan Markle early next year after the couple became engaged earlier this month, Clarence House announced on Monday. / AFP PHOTO / Daniel LEAL-OLIVAS (Photo credit should read DANIEL LEAL-OLIVAS/AFP/Getty Images)
LONDON, ENGLAND - NOVEMBER 27: Prince Harry and actress Meghan Markle during an official photocall to announce their engagement at The Sunken Gardens at Kensington Palace on November 27, 2017 in London, England. Prince Harry and Meghan Markle have been a couple officially since November 2016 and are due to marry in Spring 2018. (Photo by Chris Jackson/Chris Jackson/Getty Images)
LONDON, ENGLAND - NOVEMBER 27: Prince Harry and actress Meghan Markle during an official photocall to announce their engagement at The Sunken Gardens at Kensington Palace on November 27, 2017 in London, England. Prince Harry and Meghan Markle have been a couple officially since November 2016 and are due to marry in Spring 2018. (Photo by Chris Jackson/Chris Jackson/Getty Images)
Britain's Prince Harry and his fianc� US actress Meghan Markle pose for a photograph in the Sunken Garden at Kensington Palace in west London on November 27, 2017, following the announcement of their engagement. Britain's Prince Harry will marry his US actress girlfriend Meghan Markle early next year after the couple became engaged earlier this month, Clarence House announced on Monday. / AFP PHOTO / Daniel LEAL-OLIVAS (Photo credit should read DANIEL LEAL-OLIVAS/AFP/Getty Images)
LONDON, ENGLAND - NOVEMBER 27: Prince Harry and actress Meghan Markle during an official photocall to announce their engagement at The Sunken Gardens at Kensington Palace on November 27, 2017 in London, England. Prince Harry and Meghan Markle have been a couple officially since November 2016 and are due to marry in Spring 2018. (Photo by Chris Jackson/Chris Jackson/Getty Images)
Britain's Prince Harry and his fianc� US actress Meghan Markle pose for a photograph in the Sunken Garden at Kensington Palace in west London on November 27, 2017, following the announcement of their engagement. Britain's Prince Harry will marry his US actress girlfriend Meghan Markle early next year after the couple became engaged earlier this month, Clarence House announced on Monday. / AFP PHOTO / Daniel LEAL-OLIVAS (Photo credit should read DANIEL LEAL-OLIVAS/AFP/Getty Images)
Britain's Prince Harry stands with his fianc� US actress Meghan Markle as she shows off her engagement ring whilst they pose for a photograph in the Sunken Garden at Kensington Palace in west London on November 27, 2017, following the announcement of their engagement. Britain's Prince Harry will marry his US actress girlfriend Meghan Markle early next year after the couple became engaged earlier this month, Clarence House announced on Monday. / AFP PHOTO / Daniel LEAL-OLIVAS (Photo credit should read DANIEL LEAL-OLIVAS/AFP/Getty Images)
Prince Harry and Meghan Markle in the Sunken Garden at Kensington Palace, London, after the announcement of their engagement. (Photo by Dominic Lipinski/PA Images via Getty Images)
LONDON, ENGLAND - NOVEMBER 27: Prince Harry and Meghan Markle during an official photocall to announce the engagement of Prince Harry and actress Meghan Markle at The Sunken Gardens at Kensington Palace on November 27, 2017 in London, England. Prince Harry and Meghan Markle have been a couple officially since November 2016 and are due to marry in Spring 2018. (Photo by Mark Cuthbert/UK Press via Getty Images)
LONDON, ENGLAND - NOVEMBER 27: Prince Harry and Meghan Markle during an official photocall to announce the engagement of Prince Harry and actress Meghan Markle at The Sunken Gardens at Kensington Palace on November 27, 2017 in London, England. Prince Harry and Meghan Markle have been a couple officially since November 2016 and are due to marry in Spring 2018. (Photo by Mark Cuthbert/UK Press via Getty Images)
Britain's Prince Harry and his fianc� US actress Meghan Markle pose for a photograph in the Sunken Garden at Kensington Palace in west London on November 27, 2017, following the announcement of their engagement. Britain's Prince Harry will marry his US actress girlfriend Meghan Markle early next year after the couple became engaged earlier this month, Clarence House announced on Monday. / AFP PHOTO / Daniel LEAL-OLIVAS (Photo credit should read DANIEL LEAL-OLIVAS/AFP/Getty Images)
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Reports estimated the security cost at around 20 million pounds, or upwards of $32 million given exchange rates at the time, with the majority of the money going to extra police and their overtime.

Costs for the wedding itself were paid for by the Royal Family, with an additional undisclosed sum from the family of bride Kate Middleton.

The ruling clan, the Mountbatten-Windsors, will likely want to avoid attracting criticism with any particularly extravagant displays, though security costs for the wedding next year could also balloon given recent concerns about terrorism.

Armed police have been a more regular presence on the streets on London since a string of deadly attacks in Manchester, outside Parliament and at the city’s Borough Market earlier this year.

It is unclear whether an increased bill for security will move the younger prince and Markle's wedding past the estimated 30 million pounds spent by his parents Prince Charles and Princess Diana in 1981.

RELATED: Kate Middleton and Prince William's getaway car

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Kate Middleton and Prince William's getaway car
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Kate Middleton and Prince William's getaway car
Catherine Middleton And Prince William (The Duke And Duchess Of Cambridge) Leave Buckingham Palace In His Fathers Aston Martin.. (Photo by Antony Jones/Julian Parker/Mark Cuthbert/UK Press via Getty Images)
Catherine Middleton And Prince William (The Duke And Duchess Of Cambridge) Leave Buckingham Palace In His Fathers Aston Martin.. (Photo by Antony Jones/Julian Parker/Mark Cuthbert/UK Press via Getty Images)
Catherine Middleton And Prince William (The Duke And Duchess Of Cambridge) Leave Buckingham Palace In His Fathers Aston Martin.. (Photo by Antony Jones/Julian Parker/Mark Cuthbert/UK Press via Getty Images)
Catherine Middleton And Prince William (The Duke And Duchess Of Cambridge) Leave Buckingham Palace In His Fathers Aston Martin.. (Photo by Antony Jones/Julian Parker/Mark Cuthbert/UK Press via Getty Images)
Catherine Middleton And Prince William (The Duke And Duchess Of Cambridge) Leave Buckingham Palace In His Fathers Aston Martin.. (Photo by Antony Jones/Julian Parker/Mark Cuthbert/UK Press via Getty Images)
Catherine Middleton And Prince William (The Duke And Duchess Of Cambridge) Leave Buckingham Palace In His Fathers Aston Martin.. (Photo by Antony Jones/Julian Parker/Mark Cuthbert/UK Press via Getty Images)
Catherine Middleton And Prince William (The Duke And Duchess Of Cambridge) Leave Buckingham Palace In His Fathers Aston Martin.. (Photo by Antony Jones/Julian Parker/Mark Cuthbert/UK Press via Getty Images)
Catherine Middleton And Prince William (The Duke And Duchess Of Cambridge) Leave Buckingham Palace In His Fathers Aston Martin.. (Photo by Antony Jones/Julian Parker/Mark Cuthbert/UK Press via Getty Images)
Britain'S Prince William Drives His Wife, Princess Catherine, Duchess Of Cambridge Down The Mall In London, In His Father Prince Charles' Aston Martin Volante Sports Car Covered With Bunting On Their Way To Clarence House. (Photo by John Phillips/UK Press via Getty Images)
Britain'S Prince William Drives His Wife, Princess Catherine, Duchess Of Cambridge Down The Mall In London, In His Father Prince Charles' Aston Martin Volante Sports Car Covered With Bunting On Their Way To Clarence House. (Photo by John Phillips/UK Press via Getty Images)
Catherine Middleton And Prince William (The Duke And Duchess Of Cambridge) Leave Buckingham Palace In His Fathers Aston Martin.. (Photo by Antony Jones/Julian Parker/Mark Cuthbert/UK Press via Getty Images)
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The upcoming wedding is also expected to be a public holiday in the United Kingdom, where the Center for Economics and Business Research said in 2012 that the cost of each such day off was 2.3 billion pounds in lost productivity.

Questions about the cost of another royal-themed party also come as matriarch Queen Elizabeth II has recently come under scrutiny for investing millions in offshore tax havens.

Elizabeth is expected to receive more than 80 million pounds from the British treasury for a fiscal year starting 2018, part of what anti-monarchy group Republic estimates as a 345 million pound cost for the monarchy as a whole.

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