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Hi!
I visited 2 bakeries in Atlanta, and for 100 servings I was quoted anywhere from $450-$600 including multiple flavors, buttercream, and decorations (lace-looking appliques?), which would be $4.50-$6.00 per slice. Hope that helps!
My wedding cake cost me $3 per slice, and I got the top tier for free so it wasn't bad. In all my cake is costing us $485 for set up and delivery. The more simple your cake is, the less you will have to pay for it.
I live in Boise, Idaho and most of the wedding cake bakers here average at about $3/ slice, the most expensive I saw was $3.75.
My cake will look like this, but with smooth buttercream and no round 5th tier.
cake124.jpg (97.9 KB, 59 downloads) 2 years old 
Price depends mainly on where you are located. Even in the same town, two different bakers will charge different amounts for the same cake. Large cities charge more in general than small towns for the same cake. You really have to call around and get price quotes because there is no way to even guess otherwise.
here in colorado springs we are paying 4.50 per slice...
Mine is about $4.00 a slice($400 for 100 slices). It's 3 layers (each a different flavour) with filigree applique.
It's really a regional thing... in NYC (I believe, correct me if I'm wrong please ladies!) prices start around $10 per slice. In Kentucky you're looking at $3 per slice. Where I live (Canada) cake prices start around $6 a slice. This is usually just the base price including basic cake flavor, filling & buttercream or fondant. Anything extra will cost you more per slice!
Wow, zippylef, $2 is awesome. I am glad you asked skibobrown, I'm to start calling places this coming week too. CA might be closer to $4 a slice...sadly.
Thanks everyone! This is really helpful. We're going for a pretty simple cake with very little added decoration, so it sounds like we should come in well under the $8 per slice that is listed in our budget -- this is really good b/c we're over budget on several other items. We're not getting married in a big city like New York... however Bar Harbor definitely has a destination wedding industry, so I'm not going to be surprised if the prices are quite a bit higher than elsewhere in Maine. At least we have some really yummy looking options in Bar Harbor. Cake tastings, here I come!
I just looked at our budget. We only budgeted $500...whoops...I think we're going to need more money allocated 'cause our guest list is up to about 160 people.
I was lucky that our cake was included in the cost of where we had our reception - we just had to pay for an "extras" we wanted, like white chocolate shells on the cake or upgraded fillings. The norm from CA (LongBeach/LA area) I would say is about $3-6 per slice but it all depends on the flavor cake, filling, design, etc.
I'm from NYC and the absolute cheapest I found was $7 per slice, and it was gross. We did find a great baker who will be charging $9 per slice with free delivery.
Totally regional, but I shopped around and got several referrals from recently wedded friends and got an amazing deal! It was so cheap that I was sure I would hate it at the cake tasting - but it was the BEST cake we tasted anywhere! We paid $1.10 per slice plus $50 set up and delivery! Granted, our cake was pretty simple, but we had 4 tiers with different flavors and fillings in each tier. Plus she makes this amazingly smooth buttercream to simulate fondant. My advice: shop around, get some referrals from other brides in the area and don't be afraid to look at bakeries outside the major metropolitan area - you might find a better price :)
myweddingcake.jpg (38.6 KB, 55 downloads) 2 years old 
I feel really good about my 1.50 a slice wedding cake! It wasn't the lowest price per slice (that was a lady who would do it for 75 cents a slice) and there were others that ran from 3-5 dollars a slice. It took us a couple of days to eat the samples our baker made for us, and the last day was as good as the first bite, so I think we're in good shape!
In Australia anywhere from $2-$10 a slice depending on area and bakery
I'm in North Carolina and most of the places I've found are about $4 a slice.
For Hawaii, I've been quoted in the $4-$6+ /slice range, depending on design difficulty.
My cake has come out to about $3, which is pretty good for Maine, thanks to our amazing baker. We're getting it covered in buttercream, at least a dozen sugar flowers, and fondant decorations, plus three different flavors of cakes with three different fillings.
Our is about $8/slice. Pricey to me, but average for the area. We are having a three tier, small cake with white fondant (homemade) with a black stencil design and two different flavors: white cake with raspberry filling and chocolate cake with whipped cream and strawberry filling.
I was quoted $2/slice for a 4-tier buttercream cake in central IL. And it goes up from there.
Our cake with average out to $5.00 per slice. We are doing 3 different layers - red velvet with cream cheese filling, almond with amaretto cream filling, and white with rasperry filling. We're also including macaroons in the decorations, so that brought the total up just a bit.
Our cake is 1.35 per slice with homemade buttercream icing. We're not fondant fans, so it was an easy cost-cutter. Also, our baker does wedding cakes as a hobby. She's a full time school teacher, but her cakes are AMAZING!
Our cake for 200 people cost around $350.
I saved money by having a 3-tier "pretty cake" and additional sheet cakes by the same baker.
Pricing I have gotten is 3.50 for buttercream and 5.00 for buttercream per person.
We're doing a 3-tiered cake with a sheet cake back up to feed approximately 220 people - ended up around $2.30 per slice.
I wanted a pretty detailed design so mine is kind of pricey.
My cake will be 4 tiers- each is a different flavor but all of it is buttercream. The second from the bottom is a fake. It will be 80 servings (the top tier isn't included in the numbers of servings and obviously the fake tier isn't either)
The total is $415---so a little over $5 per serving. But that also includes decorating the fake tier.
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I'm just curious... what did everyone pay for their wedding cake? If you could break it down to a per person cost that would be even better. My theknot.com budgeter has budgeted more than $8 per slice for our wedding cake, which sound really expensive to me. I'm going to start calling bakeries in the next week or 2, so I would love to know what I should expect price-wise. Oh... and we don't want any fondant on our cake -- just buttercream -- if that helps. Thanks!