How Much Your Single Friends Are Really Spending on Dating

How Much Your Single Friends Are Really Spending on Dating

Between your monthly blowouts and weekly happy hour cocktail (or three), if you're single you're no stranger to shelling out a decent amount of cash on your dating life. But is here to drop the news on how much you're actually racking up in the pursuit of Mr. or Miss Right.

The online dating site surveyed over 5,500 people and found that singles spend about $1,596 a year on dating, from restaurant tabs to salon trips to dating app membership fees. Seeing that number could make you want to swear off dating for the sake of your budget — but consider that's about one $30 date a week over the course of a year.

The cost of singledom could be steeper if you live in a big city, though: In Washington, D.C., the average cost of dating is $1,788 a year, while New Yorkers can expect to drop $2,069 for their Sex-and-the-City way of life.

Broken down by gender, the average is a little higher for men ($1,855) than it is for women ($1,423) — a difference of about $400. Spread out over a year, though, that difference seems less of a big deal; it could just mean that more daters are opting to go dutch. Indeed, while the majority of men believe they should still cover the bill for a date, just over one-third of women believe the same. (Granted, 86% of women say they'll split the bill to avoid any post-date expectations.)

One more surprising finding? Millennials seem the most game for the chase — they were found to be 125% more likely to admit they're addicted to the process of making a love connection, compared with other generations.

That might not be such a good thing for their bank accounts — but hey, you can't put a price on love, right?

RELATED: How to Have a Social Life on a Budget


Financial planning made simple.

Get your free financial assessment.

Related Tags

Get the latest in your inbox.

Subscription failed!

You're Now Subscribed!