Millennials Face Rising Costs as Average Date Spending Reaches $252 Amid Inflation
Millennials are experiencing a significant increase in the cost of dating, with the average expenditure reaching $252 per date, according to BMO Financial Group's 2026 BMO Real Financial Progress Index. This phenomenon, termed 'date-flation,' reflects broader inflationary trends, as the consumer price index rose by 3.8% year over year in April 2026. The report highlights that Millennials have seen the largest increase in dating costs compared to other generations, with Gen Z spending $205, Gen X $173, and Baby Boomers $126 on average. The rising costs are influencing dating habits, with many opting for fewer or less expensive dates. Social media discussions have amplified concerns about these financial pressures, as individuals adjust their dating strategies in response to the high cost of living. 
