Young Americans reduce dating frequency and spending amid rising costs
Updated
Updated · CNBC · Apr 24
Young Americans reduce dating frequency and spending amid rising costs
7 articles · Updated · CNBC · Apr 24
A BMO survey of 2,501 adults found half of single Americans are dating less or opting for cheaper activities, with Gen Z spending $205 and millennials $252 per date on average.
Nearly half of singles say dating is not worth the expense, and 48% of Gen Z and 40% of millennials report dating costs hinder their financial goals, reflecting broader affordability pressures from inflation.
Many singles now view overspending on dates as a red flag, with dating app fees and shifting social habits further impacting how young Americans approach relationships in an era of higher living costs.
In the age of 'Dateflation,' has financial honesty become more attractive than generosity?
Is the 'dating recession' among young adults a temporary trend or the new normal?
With dates now costing nearly $200, is romance becoming a luxury good?
Your date has high-interest debt. Is this now the biggest romantic dealbreaker?
As Tinder and Bumble falter, can new AI matchmakers cure our dating app fatigue?