Our recent podcast, “What You Don’t Know About Online Dating,” offered an economist’s guide to dating online.
The first time meeting through an online service is fast, efficient, safe, and everyone are suitable to use, whatever your background, or who you are looking for.
There are million of people all over the world have been using the Internet to meet others for friendship and relationship since the mid 1990s (Jones, 2001).
From The Converg Ex folks, using data from statisticbrain.com, note the average courtship time for “off-line,” traditional dating ahead of a marriage runs around 42 months – or two years longer than the 18.5-month, average dating-to-marriage cycle for people who meet online. “At a conservative estimate of one date per week and a cost of $130 per date – $100 for a meal and drinks at a nice restaurant, plus $30 for two movie tickets and popcorn – the dating phase prior to an offline marriage runs up a $23,660 tab,” Converg Ex said.
“The average dating site customer spends just $239 a year for online memberships, which more than pays for itself to the tune of $12,803 in cost savings from fewer dates,” they continued.
You're scrolling through your Facebook and Instagram feed and what do you see?
Photo after photo of your friend's new boyfriend, your sister's kids and engagement statuses from those high school sweethearts you grew up with.
OKCupid is one of the most popular dating sites and is free to sign up initially.
It works with special algorithms that match users with potential dates.
There are 40 million Americans using online dating websites and those users range from young to old.
Today, 27% of young adults report using online dating sites, which is up 10% from 2013, likely due to the influx of dating apps on smartphones.
A great diversity of online dating services currently exists.