22% of millennials (ages 26 to 41) and 19% of Gen Zers (ages 18 to 25) have gone into debt from what they’ve spent on dating, according to a September Lendingtree survey.
Overall, survey respondents said they spend about $91 on a night out, on average. Respondents who identify as women said they would spend an average of $81 on a date, while respondents who identify as men said they would spend an average of $104.
“Everything is getting more expensive,” LendingTree Chief Credit Analyst Matt Schulz says in the report. “It’s not just the new clothes, roses, ride-share, fancy dinner, concerts or the after-show coffee — it’s all of it.”
“The extra cost of each of these things individually may not be earth-shattering, but added together, they can be a very big deal,” Schulz adds.