Free NewsletterPro Login

The Average U.S. Date Now Costs $189, Up 12.5% In A Year

Published May 24, 2026
Share:
Summary:
  • The average all-in cost of a U.S. date hit $189, up 12.5% from the prior year per BMO's 2026 Real Financial Progress Index.
  • Millennials spend $252 per date, the highest of any generation and a $61 year-over-year jump.
  • Half of Americans who date say they have gone out less or chosen cheaper plans, and the average dater logged 12 dates last year, down from 14 in 2025.

The cost of dinner is up, but the cost of a date is up a lot more. A new BMO survey pegs the average all-in date at $189, which is a 12.5% jump in a year that runs nearly five times the 2.7% inflation rate BMO measured it against.

The Generational Gap

The squeeze is hitting millennials hardest, with date spending climbing to $252 on average from $191 a year ago, a $61 jump in twelve months. Gen Z came in at $205 and Gen X at $173, while baby boomers actually trimmed a dollar, dropping from $127 to $126.

BMO's count includes everything: dinner, drinks, pre-date grooming, and even the gas to get there. The bank surveyed 2,501 adults from late December through January, and inflation has only worsened since, with the April Consumer Price Index, which is the government's main gauge of how fast prices are rising, climbing 3.8% year over year per the Bureau of Labor Statistics.

The behavior shift is showing up too, since half of Americans who date say they have gone out less often or downgraded plans because of cost. About 44% have rejiggered date plans entirely for financial reasons, while annual date count dropped from 14 in 2025 to roughly 12 today.

Romanoff told CNBC the higher cost is also pushing daters toward lower-stakes formats, with people choosing coffee or a walk over dinner because the financial risk of a dud first date keeps climbing.

If you want a five-minute morning read on how inflation is actually showing up in everyday life, Market Briefs covers it every weekday, and you get a free investing masterclass when you sign up.

Who Pays Got More Complicated

Higher prices revived an old debate over who covers the bill. About 71% of men told BMO they expect to pay for everything early in a relationship, while 52% of women want to split the bill roughly evenly and 38% expect the other person to cover it.

Sociologist Jess Carbino, formerly of Tinder and Bumble, told CNBC that economic uncertainty tends to push people back toward traditional gender roles "to buffer and to try to cope" with the moment.

Clinical psychologist Sabrina Romanoff pointed to a separate driver. She said social media is creating "gendered echo chambers" that feed men and women opposite scripts on dating money, with one side selling expensive first dates as proof of value and the other selling don't-spend-anything as the smart move.

Romanoff added that algorithms reward outrage, which means the loudest and most polarizing financial dating takes are the ones reaching the most people. That dynamic shapes which expectations land in the wild before anyone sits down at the table.

Worth Noting

When the average outing now runs $189, fewer dates happen and the ones that do show up come pre-loaded with expectation. That's a behavior shift dating apps, restaurants, and entertainment companies are already responding to, the same way consumer confidence at record lows is reshaping every consumer category.

Romanoff put it plainly when she said love is shrinking to fit people's budget, and the spending data agrees.

The underlying squeeze tracks with what the Bureau of Labor Statistics shows in the broader cost picture, with overall prices up 3.8% year over year through April.

Want the same plain-English read on inflation that just powered this article? Sign up for Market Briefs and join 350,000+ investors getting the daily, plus a 45-minute investing course on the house.

Disclosure

Get Market Briefs delivered to your inbox every morning for free!

No fluff. No noise. No politics. Just finance news you can read in 5 minutes.

Blogs

May 5, 2026
How to Create Multiple Income Streams: A Beginner's Playbook
  • Most people rely on a single income stream from their job - which is also the most heavily taxed.
  • Multiple income streams come from a mix of cash flow, dividends, side businesses, real estate, and royalties.
  • The fastest path for most beginners is starting with one extra stream - usually dividends or a side hustle - and stacking from there.
Read More
May 5, 2026
The 60/40 Portfolio Explained: A Beginner's Guide
  • A 60/40 portfolio holds 60% in stocks and 40% in bonds (or other fixed income).
  • It's designed to balance growth from stocks with stability from bonds.
  • Your "right" mix depends on age, time horizon, income needs, and how well you sleep when markets drop.
Read More
May 5, 2026
How to Invest in Silver: A Beginner's Guide
  • Silver is both a precious metal and an industrial metal, used in solar panels, electronics, and medical tech.
  • Investors can buy silver four main ways: physical bars and coins, ETFs, mining stocks, or futures contracts.
  • Most beginners are best served by allocating a small slice of their portfolio to silver - usually between 1% and 3%.
Read More
May 1, 2026
Asset Allocation by Age: The Right Portfolio Mix at Every Stage of Life
  • Younger investors should hold mostly stocks because they have decades to recover from crashes and benefit from compounding.
  • Allocations gradually shift toward bonds and stable income as retirement approaches, but stocks remain important even past age 65 to outpace inflation.
  • Annual rebalancing is essential - it forces you to buy low and sell high while keeping your portfolio aligned with your actual life stage.
Read More
April 30, 2026
Stablecoin Explained: Why Some Cryptocurrencies Actually Aren't Volatile
  • Stablecoins are cryptocurrencies pegged to stable assets like the US dollar, giving crypto-style speed and access without the volatility of Bitcoin or Ethereum.
  • Fiat-backed stablecoins like USDC are the safest option, while algorithmic stablecoins have failed spectacularly and should generally be avoided.
  • Stablecoins fit a portfolio as cash reserves with better yields, a hedge against crypto volatility, and a fast, cheap rail for international transactions.
Read More
April 30, 2026
Buy Now, Pay Later Risks: Why This "Easy" Payment Method Is Dangerous to Your Wealth
  • Buy now, pay later services like Klarna, Affirm, and Sezzle are debt products designed to feel harmless while keeping users in a cycle of overspending.
  • BNPL exploits psychological debt blindness, triggers late fees, and damages credit scores without helping users build positive credit history.
  • Building real wealth means waiting 30 days, paying upfront when you have the cash, and avoiding systems built to extract money from your future income.
Read More
April 30, 2026
Dividend Payout Ratio: The Secret Metric That Shows If a Stock Is Safe or Risky
  • Dividend payout ratio is total dividends paid divided by net income, showing the percentage of earnings a company returns to shareholders.
  • A 20-50% payout ratio is generally safe and sustainable, while ratios above 75% often signal a dividend cut is coming.
  • High dividend yields can be warning signs, not opportunities - safety and dividend growth matter more than the headline yield number.
Read More
April 30, 2026
Ethereum for Beginners: What It Is and Why Smart Investors Are Paying Attention
  • Ethereum is a blockchain platform that runs smart contracts, while Ether (ETH) is the cryptocurrency that powers the network.
  • Use cases include decentralized finance, NFTs, gaming, supply chain tracking, and digital identity - many still experimental.
  • Most investors should treat Ethereum as a small allocation hedge using dollar-cost averaging, not a get-rich-quick lottery ticket.
Read More
April 30, 2026
Dollar Cost Averaging Strategy: How to Beat Emotion and Build Wealth Steadily
  • Dollar cost averaging means investing the same amount at regular intervals regardless of what the market is doing.
  • The strategy automatically buys more shares when prices are low and fewer when prices are high, lowering your average cost over time.
  • DCA removes emotion, eliminates the need to time the market, and turns volatility into a mathematical advantage for long-term investors.
Read More
April 30, 2026
The BRRRR Strategy: How to Build Real Estate Wealth Without Big Money Down
  • BRRRR stands for Buy, Rehab, Rent, Refinance, Repeat - a five-step framework for scaling real estate without saving for big down payments.
  • The strategy works by buying distressed properties below market value, adding value through smart renovations, and pulling out equity through refinancing.
  • Tax advantages like depreciation and mortgage interest deductions make BRRRR a powerful tool for owners willing to manage tenants and contractors.
Read More
1 2 3 20
Share via
Copy link