A new study added to the evidence that millennials dine out more often than older consumers.
A Bankrate survey found that 22% of those 18-29 dine out or get takeout food seven times a week or more. Less than 10% of those over 50 say the same. The average millennial dines at a restaurant or buys take-out food five times per week, Bankrate said.
Bankrate also noted that 29% of millennials go out for coffee three times a week or more, and that 42% of millennials go to a bar at least once a week.
The Bankrate data is the latest in a string of studies pointing up what might be called spendthrift millennial habits. Bankrate referred to these expenses as “financial vices.”