12 Creative 40th Birthday Party Ideas On A Budget (2025)

  • February 19, 2024
  • 7 min read
  • Events

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Birthday party venues on Peerspace typically cost $50 — $350 per hour.

Celebrating a 40th birthday doesn’t have to mean breaking the bank. In fact, some of the most memorable parties are the ones that get creative with simple, thoughtful touches. From DIY decorations to fun at-home themes, you can still go big on meaning without going big on cost. To help you plan, here are 12 creative 40th birthday party ideas that prove you can throw an amazing celebration while sticking to your budget.

1. Host your party at a stylish outdoor event venue

fashion photoshoot ideas in washington dc
Source: Peerspace

Whether or not this 40th birthday party idea on a budget makes sense for you will depend on what time of year your birthday takes place–don’t plan to have your party outside unless the weather will be pleasant! But if it is, this can be a lovely and also affordable option. You can have your party at a local park or other public outdoor space without paying a cent to do so! If you’re more interested in a private gathering, use your own backyard (also free) or consider renting a venue.

You can find lots of outdoor venues available for under $100 per hour through Peerspace, the largest online marketplace for event venue rentals, where you can search for your party venue by the hourly price range in addition to tons of other criteria.

2. Have a birthday photoshoot party

40th Birthday Party Ideas On A Budget
Source: Peerspace

Dress in your coolest outfit and gather your friends and loved ones together for a photoshoot in the location of your choosing to commemorate your 40th with plenty of great photos. You’ll love looking back on these, and with smartphones, just about anyone can be a photographer, so you don’t have to go to the trouble of hiring one unless you want to budget for that.

For 40th birthday party ideas on a budget like this, you’ll want to prioritize choosing the right setting since that will make a huge difference in the resulting photos.

3. Retro birthday party from your birth decade

Pinterest Aesthetic Room Ideas
Source: Peerspace

Approaching your 40th birthday will have you reflecting quite a bit on the past and how you came to be where you are today. That’s why we love this 40th birthday idea on a budget: throw a retro party inspired by the decade when you were born! If you’re currently about to turn 40 then you were born in the 1980s, so consider throwing an 80s-themed party for a super-fun throwback.

Check out more of our decades party ideas to get some party-planning inspiration from all the most recent eras!

4. Retro birthday party from any decade

60s/70s Retro-inspired Content House next to Patterson Park
Source: Peerspace

Perhaps you’re not a big fan of the 80s. That’s OK – we have an alternative 40th birthday party idea on a budget for you. Pick your favorite decade from the last century, whether that’s the 1920s, the 1940s, or the 1960s, and make that the central theme of your party.

Be sure to ask your guests to dress in the most period-appropriate attire they can and look up specific suggestions for decor, food, and entertainment from the decade of your choice to make it a truly authentic retro soiree.

5. Theme it up and plan a murder mystery party

Viking Wedding Theme
Source: Peerspace

You don’t have to limit murder mystery parties to Halloween, even though they definitely have a spooky vibe! If this ultra-creative but still wallet-friendly party idea intrigues you, check out our guide to throwing a murder mystery party to get started.

6. Send out funny invitations

Cat Cafe houston rental
Source: Peerspace

The best way to embrace turning 40 is with a sense of humor, and funny, even self-deprecating party invitations are a great way to do that from the outset.

7. Go camping instead of having a party

naples, me rustic camp venue
Source: Peerspace

Maybe parties aren’t really your thing. No worries, because there are tons of alternatives that you and your friends will enjoy!

One of our favorite suggestions if you don’t feel like having a party and you’re the outdoorsy type is to go camping with your best buds. You can all spend hours sitting around a campfire reminiscing about your favorite memories and toasting marshmallows, and it doesn’t have to cost you anything at all if you already have the requisite camping gear.

8. Throw a surprise party for a loved one’s birthday

an all-white warehouse event space with colorful murals
Source: Peerspace

Perhaps you’re reading this not because you’re planning your own party, but because a friend or loved one has a 40th birthday approaching and you want to make it really special. A surprise party is one way to do this, and if it works, it’ll definitely be memorable.

Just make sure that the person you’re planning it for is someone who enjoys surprises because not everyone will be delighted by a bunch of people jumping out at them when they don’t expect it.

9. Barbecue party

best rooftops in brooklyn
Source: Peerspace

This is another one that you can easily do in your own backyard (assuming you have one), but that still feels festive. If you don’t have a backyard with a grill, simply book a venue that does. Plus, who doesn’t love the delicious smell and taste of barbecue?

Once you have the perfect spot to ‘cue, all you need are these fun adult outdoor party games to keep your guests entertained!

10. Throw a potluck to add a communal feel

an outdoor dining space
Source: Peerspace

This one may seem obvious, but if you hadn’t considered doing this, it’s a major budget hack. Ask all your guests to bring at least one dish, and you’ll have food completely covered. It’s not a major challenge for any one guest, yet the result will be a table covered in tons of different dishes made with love!

11. Host a karaoke party at home

Swanky Winter Park Reception Bar Venue
Source: Peerspace

Love to sing? It doesn’t matter if you have a great voice or if you’re tone-deaf. A karaoke party is an almost guaranteed blast. If you host it at your own home, the only cost will be the microphone/speaker or karaoke machine, which you should be able to rent rather than buy to save money.

12. Rent a multi-use space in its off-hours

West Loop Boutique Loft Event Space
Source: Peerspace

One of the best ways to access a great space on a budget is by finding a space that normally has another function (such as a cafe, a restaurant, or a gallery) but can be rented as an event venue when not in use.

Pair your budget with the right theme

Even on a budget, choosing the right theme can make your party feel polished and intentional. For example, a retro game night or backyard movie screening costs very little but creates a big impact. Add a few DIY decorations, themed snacks, and music to match, and you’ve got a celebration that feels thoughtful and fun.

If you’re looking for inspiration, there are plenty of 40th birthday party ideas that can be customized to fit a tighter budget. The trick is picking one that reflects the guest of honor’s personality—whether that’s playful, relaxed, or a little glamorous—so the milestone feels personal without overspending.

40th birthday party ideas on a budget: conclusion

Hempstead Modern Event Space
Source: Peerspace

Turning 40 is a milestone worth celebrating, no matter the size of your budget. With a little creativity, you can host a party that feels personal, joyful, and unforgettable—without overspending. The key is focusing on what matters most: good food, great company, and plenty of fun. With these budget-friendly ideas, you’ll give the guest of honor a celebration that proves you don’t need to spend a fortune to make the big 4-0 truly special.

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