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Millennials are going into dating debt, proving that even finding love costs more for this gen.

Oct 14 2022

Millennials are going into dating debt, proving that even finding love costs more for this gen. Amid rising costs and their extended singledom, 22% of 26-41-year-olds report spending beyond their means on dates, according to a survey from LendingTree. Of course, Gen Z isn’t faring much better: 19% of 18-24-year-olds surveyed also agreed that their dates are landing them in debt. On average, Gen Z and Millennials report spending $91 per date, which adds up fast when taking into account the state of dating today: YPulse’s dating and relationships research found roughly half of 13-39-year-olds are single as they push off marriage and other major life milestones—all of which were further delayed by the pandemic. Now, the majority of single 13-39-year-olds say dating is more difficult now than it was in the past, while 59% say dating is more trouble than it’s worth—and when taking debt into account, it’s easy to understand why. (CNBC)