Dating Too Expensive? Young People Say Yes!

For a growing number of young Americans, dating is starting to feel less like romance and more like another monthly expense. Between rising gas prices, expensive restaurant tabs, and subscription-heavy dating apps, many singles are quietly deciding that love can wait until their bank account recovers.

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A recent BMO Financial Group survey found that half of single Americans are either going on fewer dates or choosing cheaper outings because of rising costs. Gen Z respondents reported spending an average of $205 per date, while millennials averaged $252. Nearly half of singles surveyed also admitted dating no longer feels worth the financial strain.

The pressure comes as everyday expenses continue climbing nationwide. U.S. gas prices recently surged above $4.50 per gallon for the first time since 2022, according to a study by GasBuddy, whcih was covered by Reuters. Restaurant prices are rising too, with menu prices increasing roughly 3.8% over the past year as inflation continues squeezing the food industry, according to Nation’s Restaurant News.

Source: Baller Alert