The Rising Cost of Being Single | Money Moves with Jill Schlesinger

Have you ever wondered how inflation is reshaping the dating landscape? A recent study reveals some eye-opening statistics that might make you rethink your next outing.

Millennials are reportedly shelling out an average of $252 per date, while Gen Z isn’t far behind at $205. These figures raise an important question: what does this mean for singles navigating the dating scene today?

With rising costs, it’s no surprise that half of singles are opting for fewer dates or more budget-friendly activities. This shift could signal a broader change in how relationships are formed and maintained, especially when finances are tight.

Consider the case of a 30-year-old single woman who faces the daunting prospect of paying for egg freezing. The costs can be staggering, adding another layer of complexity to the decision of starting a family. This situation is becoming increasingly common, as many singles weigh their options in a financially strained environment.

But what does this all mean for you? Understanding these trends can help you make informed choices about dating and relationships, particularly when it comes to budgeting and planning activities.

Additionally, TikTok investor Raoul Pal recently weighed in on the financial landscape, dismissing the S&P 500's average annual return of 11% as a reliable benchmark moving forward. This critique could have implications for how singles and couples alike manage their financial resources in the context of dating and relationships.

As inflation continues to impact our wallets, the way we date is changing. It’s essential to stay informed about these trends, whether you’re single or in a relationship.

For a deeper dive into the implications of these findings, read the full report at CBS News for the latest verified details.