To celebrate a big occasion usually comes with popping a choice bottle of bubbly but that ceremonious sound of a cork being freed comes with a price. Here is a brief visual explaining why champagne is so expensive.

Champagne is only true champagne if it’s made in that region of northern France. All other sparkling wines made outside of this region, even those from neighboring parts of France, must be labeled differently. It often costs double the price of other sparkling wines, such as Prosecco or Cava. A decent-quality bottle of it can cost you anywhere from $50 to $300, and vintage bottles often sell for thousands.