Dating app fees can quickly add up. Many are willing to pay the price. (2024)

MoneyWatch

By Megan Cerullo

Edited By Alain Sherter

/ CBS News

Money might not buy you love, but the tab for finding romance online is rising.

The increasing cost of dating apps, matchmaking services and, for those looking for an even bigger edge, love coaching can require singles to spend hundreds or even thousands of dollars in pursuit of finding a partner — and that's before the first date.

Although most apps operate on a so-called "freemium" model, upgrades and premium features that dating services claim will your boost success rate can greatly increase expenses. Popular dating apps such as Tinder, Bumble, Hinge, The League and others still offer free versions, but charge users for additional features the companies promise will deliver better experiences — and more desirable romantic prospects — as the services look to monetize their platforms.

These upgrades can include:

  • Paying for unlimited "likes"
  • Gaining access to list of users who "like" you
  • Setting more dating preferences
  • Being more visible on the app
  • Giving virtual gifts like flowers

Research from Morgan Stanley found that about 32% of single people in the U.S. use online dating services, and just over a quarter of them pay. The average paying user spends between $18 and $19 a month on either subscriptions or à la carte purchases, according to the study.

On Match Group-owned Hinge, for example, upgrading to Hinge+ costs $100 for six months, or $17 a month. That allows users to "like" an unlimited number of prospects, see who likes them and be more choosy about prospective matches. Hinge notes that it offers a free membership along with it calls "cost-effective" subscriptions.

"Users are often looking for additional support and efficiency with getting out on dates, and subscriptions empower them with additional tools on their dating journey," the company said in a statement to CBS MoneyWatch.

Another dating app called The League costs $400 for three months. For that price, members are shown five prospects daily, can hide their age on their profiles, scout prospects from two cities at once and receive other perks.

Worthwhile upgrade?

Some dating coaches who help people refine what they're looking for in a partner encourage their clients to upgrade to pricier dating app subscriptions.

"The premium paid services make a lot of sense to me," said Natalia Juarez, a dating coach who specializes in breakup recovery and dating strategy.

Although some might scoff at the concept of paying through the nose in affairs of the heart, Juarez compared shelling out on dating apps to paying for premium service from rideshare companies like Lyft and music streaming services like Spotify.

"People understand the value of upgrading — it has infiltrated all areas of life. I am not surprised dating apps have done same thing," Juarez said.

Relationship coach Amie Leadingham also acknowledged the paradigm shift that has made more people feel comfortable paying up to make a love connection.

"I do recommend going to the paid sites over the free sites, because the free sites are full of fake profiles and scammers. When you invest you have more intention, and it shows you're being more serious about online dating," Leadingham told CBS MoneyWatch.

If you don't pay, "you're not getting dates"

For their part, some people who pay for premium dating services say the upgrades are worth it, while also wishing the free offerings were improved.

New York-based entrepreneur Bretton Auerbach, founder of real estate marketplace Triple.com, has been paying for dating apps for years. When he first started using dating apps, including Tinder, roughly a decade ago, he quickly encountered two challenges: First, it was taking up a lot of his time and second, he was bumping up against limits on how many peoples' profiles he could like.

To save time and meet more people, Auerbach signed up for paid versions of a handful of dating apps and found himself spending around $1,000 per month on paid features. That allowed him to view roughly 100 profiles, which he'd whittle down to a date or two.

"If you're not paying, you're not getting dates," Auerbach said. He compared these features such as "boosts" that raise your profile's visibility to "going into a casino where you buy a bunch of chips, throw them in a slot machine where the wheels spin, and you hope you see someone attractive.

Notably, he also conceded that he's spent "a lot of money" on dating apps, and ultimately hasn't found them that useful.

"The best dating experiences I've had have mostly been through meeting people through my social network," Auerbach said.

Bianca Kenworthy, founder and CEO of Pomme Creative, a hospitality consultancy, is a former paid dating app user,who met her husband on Hinge. She upgraded for similar reasons to Auerbach.

"You need the apps because that's how you meet people now. Our time is precious, and the apps allow you to vet in some ways the person you're meeting up with," she said.

Kenworthy thinks the prospects she was shown on Hinge's paid service were better suited for her. "I understood the potential people were more curated for you, based on an algorithm," she explained.

As far as the monthly fee, Kenworthy said it was worth it. "That's like what a pedicure costs. I was looking for a life partner, and I saw it as a monthly investment that could potentially find me that person."

Megan Cerullo

Megan Cerullo is a New York-based reporter for CBS MoneyWatch covering small business, workplace, health care, consumer spending and personal finance topics. She regularly appears on CBS News 24/7 to discuss her reporting.

Dating app fees can quickly add up. Many are willing to pay the price. (2024)

FAQs

How much does the average dating app cost? ›

The average paying dating app user spends about $19 a month, Morgan Stanley found last year. But some users pay much more. In 2023, Tinder released a $499 monthly subscription, and Hinge introduced a $600-a-month membership.

What percentage of dating app users pay? ›

In the United States, 30 percent of adults, and over half of adults under 30, use dating apps, according to a survey by Pew Research Center that was released last year. About a third of dating app users reported paying for them, with men and higher-income adults more likely to pay than others, the survey found.

How many people pay for premium dating apps? ›

Research from Morgan Stanley found that about 32% of single people in the U.S. use online dating services, and just over a quarter of them pay. The average paying user spends between $18 and $19 a month on either subscriptions or à la carte purchases, according to the study.

Is it desperate to pay for a dating app? ›

Some dating apps want to convince you that you'll have a higher chance of finding love if you pay for their subscriptions or special features, some researchers say. But according to one dating coach, what might get you more dates is how your profile looks — and not how much money you spend on it.

Is it worth it to pay for a dating app? ›

One 2023 Pew Research study found that, of the 35% of users that have paid to use a dating app, around 58% gave positive feedback. About 50% of users that used only free dating apps spoke positively about their experiences. Premium users won out in terms of positive outcomes, but only marginally.

Why do dating apps cost so much? ›

Hinge, like many other dating apps, has a "freemium" business model, which means you can sign up and use the basic app for free, but extras — like a higher-visibility profile or the ability to message people who have not shown interest in you — cost money.

Why are dating apps struggling? ›

Outside of the big players, dating apps have become fragmented in terms of focus in much the same way that audiences for news and entertainment have specialized – whether that's lifestyle, religion, preferences around sexuality and, of course, money. “People are getting wise to swiping,” Brooks says.

Which dating app has the highest success rate? ›

  • Best Dating Site Overall: Match. ...
  • Best Dating Site for Marriage: eHarmony. ...
  • Best Dating App Overall: Hinge. ...
  • Best Dating App for Casual Dating & Hookups: Tinder. ...
  • Best Dating Site for Inclusivity: OkCupid. ...
  • Best Dating App for Social Networking: Bumble. ...
  • Best LGBTQ+ Dating App: Grindr. ...
  • Best Sex-Positive Dating App: Feeld.
Aug 16, 2024

Who owns most of the dating apps? ›

Match Group, Inc. is an American internet and technology company headquartered in Dallas, Texas. It owns and operates the largest global portfolio of popular online dating services including Tinder, Match.com, Meetic, OkCupid, Hinge, Plenty of Fish, OurTime, and other dating global brands.

Why is dating.com so expensive? ›

Why is Dating.com so expensive? Dating.com is pricey because of its “pay-per-action” model. Once you buy a membership, you'll receive credits that you can spend on a variety of actions, like sending emails, voice messages and video chats.

How many people actually pay for Bumble? ›

Bumble Inc. is the parent company of online dating services Bumble and Badoo. In the second quarter of 2024, the Bumble app counted over 2.8 million paying users. Overall, as of the second quarter of 2024, there were around 1.32 million users of Badoo and other apps.

What is the most expensive dating app? ›

MillionaireMatch — MillionaireMatch is a dating app for millionaires and elite singles. It offers a membership that costs $70 per month, or $210 for a three-month subscription. EliteSingles — EliteSingles is a dating app that targets educated professionals looking for serious relationships.

Which dating app doesn t require you to pay? ›

Facebook Dating, Plenty of Fish, and OkCupid offer free messaging features, so you can chat and communicate with your matches without paying extra. Other free dating apps that offer messaging features include Tinder, Bumble, and Hinge.

What's better, Tinder or Hinge? ›

Is Hinge better than Tinder? Whether Hinge is better than Tinder depends on your dating goals. Hinge is designed for deeper connections and serious relationships, while Tinder is often used for a wider range of dating from casual to long-term relationships.

Can you use a dating site without paying? ›

If you're looking to try dating via app-only platforms, some options with free features include Tinder, Hinge, Bumble and Grindr.

What dating app is $500 a month? ›

Tinder is now offering users a highly exclusive $499 monthly subscription option, but only if they receive a coveted invitation and get through the application process. Tinder SELECT offers users perks beyond those granted to the average swiper.

How much money do you need to start a dating app? ›

The cost of creating a basic dating app can be as low as $25,000. However, a feature-rich online dating app can cost you as high as $1,25,000. Based on the tech stack, features, and geographic location of the app development company, the cost may vary.

How much does an app like Tinder cost? ›

In a nutshell, the budget should be: – Minimum $60,000 – that's to create a basic app with limited features; – $77,000 – 85,000 – for the app either on Android or iOS with features Tinder has; – $150,000 or more – for a multi-platform app with basic features like in Tinder + premium features.

How much does dating cost per month? ›

Those who dated 1-2 times a month spent an average of $57.21 while those dating 3-4 times spent higher at $69.68.

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