Ryan Avery

• On average, the cost of finding love can add up to $3,621
• One third of couples say spending is a source of conflict in the relationship

A special Valentine's Day report from the BMO Real Financial Progress Index reveals 56% of Canadians say the rising cost of living is affecting dating, with many going on fewer dates and/or planning less expensive dating activities.

The survey explores how concerns about the economy and personal finances have affected approaches to dating and relationships and found 42% of single Canadians admitted to adjusting their plans for a date for financial reasons. Nearly a third (30%) of single Canadians have cancelled a date to save money.

Canadians on average spend $173 for each date, including the cost for transportation, preparation such as grooming and attire, and expenses such as food, beverages and tickets. On average, partnered Canadians have gone on 10 to 21 dates before committing to a relationship, suggesting Canadians could spend up to $3,621 on dates before making a relationship official.

https://newsroom.bmo.com/2025-02-06-BMO-Survey-Rising-Cost-of-Living-is-Affecting-Dating