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Average Date Night Costs by Generation (2025 vs 2026)

Comparison of average spending on date nights for Millennials and Gen Z.

Primary Sources

businessinsider.com
Americans say they are dating less as the average cost of a night out ...

Picnics are a low-cost date option. Andreas SOLARO / AFP via Getty Images 2026-04-27T09:07:02.550Z Dating costs in the US, like everything else, are rising. The average date is now nearly $200, according to a BMO survey. Gen Z and millennials, especially, are seeing the highest increases in dating costs. A basic economics class often covers the movement of prices — inflation, deflation, and stagflation. Now, there's a new term: "Date-flation." The average cost of a date in the US is now $189, according to a survey from BMO's Real Financial Progress Index. That's the total bill. It includes everything from the money spent on pre-date grooming to the cost of transportation. That's a 12.5% increase from an average of $168 in 2025.The pace of that increase is notable."Date-flation" is quickly overtaking cost-of-living increases. The US annual inflation rate reached 3.3% for the 12 months ending in March, up from 2.4% previously, according to Labor Department data released in April.Younger generations, such as millennials and Gen Z, saw the largest increase in date-night costs, according to BMO.Millennials now spend an average of $252 on date nights, up 32% from 2025, while Gen Z spends $205, up from $194. About 50% of Gen Z and 40% of millennials say dating costs are getting in the way of their financial goals.That shift may reflect a change in mindset. Younger generations may be spending more because they're seeing it as an investment — and thinking about the returns.Quincy Yang, the co-CEO of dating app Coffee Meets Bagel, previously told Business Insider that money and economics are huge considerations for Gen Z."Now, you need dual incomes to afford just the median condo or house. You need to have a pretty good job; you can't slack off too much," Yang said.Still, the impact on the wallet is pushing people to cut back on dates. BMO found that half of those surveyed said they have gone on fewer dates or are choosing lower-cost options, like having a picnic or going on a hike.For those trying to balance romance and budgets, there are alternatives. Business Insider's Juliana Kaplan put together a dating guide for those looking for low-cost options.When in doubt, though, the best advice is to lead with the heart.

businessinsider.com
capwolf.com
Why Young Americans Are Dating Less in 2026 - capwolf.com

Have you ever stared at your phone after swiping through profiles for what feels like hours, only to realize the real barrier to meeting someone isn’t a lack of interest—it’s the wallet? In 2026, a growing number of young Americans are quietly stepping back from the dating scene, not because they’ve given up on love, but because the numbers simply don’t add up anymore. It’s a shift that’s been building for years, but recent surveys highlight just how pronounced it’s becoming. Rising everyday expenses, from groceries to rent, have collided with the often-overlooked costs of pursuing romance. What used to feel like a fun night out now carries the weight of a financial decision. And for many in their twenties and early thirties, that pressure is leading to fewer dates, more cautious choices, and sometimes, a complete pause on putting themselves out there. The Hidden Price Tag on Modern Romance Let’s be honest: dating has never been entirely free. But in today’s economy, the “all-in” cost of a single outing has climbed to levels that make many pause. Recent data suggests the average date now runs around $189 when you factor in everything—transportation, grooming, that pre-date coffee to calm the nerves, and the actual activity itself. For some younger adults, it’s even higher. Gen Z folks report spending an average of $205 per date, while millennials are closer to $252. Multiply that by even a modest number of outings per year, and suddenly you’re looking at a noticeable chunk of your income disappearing into the pursuit of connection. I’ve spoken with friends in this age group who describe it as “date-flation”—a term that captures how romance expenses are outpacing general inflation, leaving many feeling squeezed. This isn’t just about luxury dinners or extravagant gestures. Even a simple coffee meetup can balloon when you add in Uber fares in big cities, a fresh haircut, or the outfit that makes you feel confident. And for those trying to build a life on entry-level salaries or while juggling student loans, every dollar spent on dating is one less dollar toward savings, rent, or that emergency fund that’s always a good idea but rarely feels urgent until it’s too late. Rising costs make people date much more defensively. They’re taking fewer chances and fewer connections are formed. – Clinical psychologist, as shared in recent discussions on relationship dynamics That defensive approach shows up in real ways. Half of single Americans say they’ve either...

capwolf.com
cnbc.com
Why some young Americans are dating less in 2026 - CNBC

Half of single Americans say they are going on fewer dates or choosing less expensive activities because of rising costs, according to BMO's 2026 survey. Gen Z adults spend an average of $205 ...

cnbc.com
facebook.com
Musk is eyeing a collaboration with... - Business Insider | Facebook

BUSINESSINSIDER.COM Americans say they are dating less as the average cost of a night out exceeds $200

facebook.com