This Is How Much Millennials Spend On Nights Out A Year
It might surprise you...
Ever wondered how much people spend on night out over the course of a year?
The answer might come as a nasty shock, as new research reveals that the average millennial now spends £2,538 every year on nights out.
Phwoar. Turns out there's a gender difference too, with men spending an average of £89 on drink, food and taxis on their nights out, while women spend just £42 on average.
3 in 4 savvy millennials are now choosing to go on a night out sober once a month to save money on booze and enable them to drive home at the end of the night.
Across the UK cash-strapped millennials are also calling for more inventive nights out that don’t rely on alcohol or call for a taxi home.
Of the 1,002 British adults surveyed by Motoring Offence Lawyers - 45% of millennials are going on nights out three times a month on average and 74% claim to do this sober at least once a month, with half of respondents listing money-saving as the top reason for not drinking.
According to those millennials surveyed the average man spends a huge £65 on drink, £8 on food and £16 on taxis on a typical night out – a total of £89.
By comparison, women claim to spend an average of just £24 on drink, £6 on food and £12 on taxis coming to a total of £42 – less than half of what the average male spends.
1 in 5 (19%) of young adults said they prefer to go sober to allow them to drive home at the end of the night. The study also revealed that 23% of respondents felt they’d been ripped off on a taxi fare home whilst drunk, with the average person blowing £14 on a taxi home after a night out.
In addition to the clear money-saving benefits, 43% of the adults surveyed listed being hangover-free as a definite perk of not drinking, and a further 34% claimed to enjoy taking a night off drinking for the health advantages. 22% also said that going soberreduced the risk of making poor or embarrassing decisions.
Almost a quarter (22%) of 25 - 35 year olds now profess to not drinking at all.
The survey revealed millennials’ favourite sober activity to be breakout rooms (29%), followed by a round of crazy golf (27%), and board game nights (25%).
Matthew Miller, managing director at Motoring Offence Lawyers, says: “Money is tight for the younger generation, but this doesn’t appear to be putting millennials off making the most of their downtime.
“By removing booze from the equation, they have more cash to spend on the quality of their social activities and more disposable income to spend on other treats during the week.
“We’re also seeing a rise in the popularity of active socialising in the evenings such as breakout rooms and crazy golf.
“It’s interesting to see so many choosing sobriety to avoid making poor decisions. This may well be a side effect of today’s unforgiving social media scene capturing every mistake and giving it a permanent home online.”
According to the research, 28% said they actually prefer a sober night out to one spent bingeing on booze.
What's your preferred night out? Let us know in the comments!