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Benzinga
  • 12 hours ago
Rising costs are reshaping dating habits for young Americans, with half of singles going on fewer dates or choosing cheaper activities. A single date costs Gen Z adults $205 on average and millennials $252, according to BMO's Real Financial Progress Index. Nearly half said dating is not worth the expense, while 48% of Gen Z and 40% of millennials said costs hinder financial goals. Paid dating apps add ~$19/month to expenses.
Transcript
00:00It's Benzinga, bringing Wall Street to Main Street.
00:02Rising costs are reshaping dating habits for young Americans,
00:06with half of singles going on fewer dates or choosing cheaper activities, according to CNBC.
00:12Nearly half of respondents said dating is not worth the expense,
00:16while 48% of Gen Z and 40% of millennials said costs hinder financial goals.
00:22A single date costs Gen Z adults $205 on average and millennials $252 on average,
00:29according to BMO Real Financial Progress Index.
00:3347% said dating is not worth the expense,
00:36while many are dating less frequently and more cautiously, according to the survey.
00:41Paid dating apps add to costs, with some users spending about $19 per month,
00:46as platforms rely on freemium models that limit access without subscriptions.
00:51For all things money, visit Benzinga.com.
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