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11 Jan 2024

Americans Are Too Broke To Get Divorced

Many Americans are postponing divorces due to financial constraints. On married dating site [Illicitencounters.com](https://www.illicitencounters.com/), nearly one-third of users cited financial reasons for avoiding divorce. High living costs and inflation, at 3.1% for the 12-month period ending in November, exacerbate the issue. With the average divorce costing around $12,900 in 2019 and likely higher now, couples are opting to stay together longer to manage expenses. Legal divorce costs can consume 10% of an estate's value, impacting both parties' financial stability. Even higher-income individuals express similar concerns.