Americans Spend $2,279 a Year on Dating as Singles Splash Nearly $1,700 to Find 'The One'

According to a recent BMO survey, millennials spend an average of $191 (£142) per date. (Credit: Jep Gambardella/Pexels)

The BMO Real Financial Progress Index has revealed that Americans are spending thousands of dollars each year to find love and keep the romance alive, with the average adult spending $2,279 (£1,690) annually on dating.

Whether they're single or in a committed relationship, many Americans are willing to splash out on dates despite rising living costs. The survey found the average date costs $168 (£125) once everything from pre-date grooming to transport is taken into account.