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Is it really worth the financial investment to prioritize relationships and dating in today's cash-strapped society?
The cost of dating has increased by 40% since 2013, with singles spending over $117 billion annually in the US.
Men, on average, spend $6787 per date, while women spend $5654.
679 Americans report feeling stressed about finances when organizing a date.
Dating app users can spend up to $19 per month on subscriptions or a la carte purchases.
22% of millennials and 19% of Gen Zers have gone into debt due to dating expenses.
47% of individuals consider a person's occupation and income when deciding to go on a date.
41% of people have chosen the number of dates they go on based on their financial situation.
37% of individuals have discussed personal finances during a date.
In 2024, 74.6% of people are opting for more low-cost or free dating alternatives.
The average person spends $5884 per date.
Online dating can add to the cost of dating, with subscription fees for premium websites and apps.
Activities and dining out can be more expensive in cities with a high cost of living.
It's crucial to find a balance between enjoying oneself and being financially responsible while dating.
In 2022, Match's Singles in America study found that the total amount spent on dating was $1174 billion.
75% of single individuals expect to spend $100 on a meal during a date.
The Blue Cash Preferred Card from American Express earns 6% cash back at US supermarkets on up to $6000 per year in purchases, then 1% for those looking to save on grocery costs related to dating.
The Chase Sapphire Reserve and Singles Spend 40 More on Dating Than 10 Years Ago Study highlighted that singles spend 1560 per year or 130 per month on average on their dating lives.
In Match's 2022 Singles in America survey, researchers found that 66.2% of singles are collectively spending over $117 billion a year on their dating lives in the US.
Dating app users who choose to pay may spend between $18 and $19 per month on either subscriptions or a la carte purchases, according to a Morgan Stanley study.
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