Why so many young adults Are Still Living With Their Parents In The US

Why 1 in 3 Young Americans Are Living With Their Parents

In today’s economy, young adults are making a surprising choice—living with their parents well into their 20s and 30s. But is it laziness or a smart financial strategy?

Gone are the days when a single income could buy a home. Millennials and Gen Z face skyrocketing housing costs, stagnant wages, and crushing student debt. With rent averaging $3,000 a month in many cities, many young people ask, “Why make a landlord richer when I can save for a house?”

Let’s break down the numbers:

46% of millennials have more credit card debt than savings.
Nearly 30% of Gen Z say they don’t make enough to save money.
A whopping $480 per month on average goes toward student loan payments.
The pandemic didn’t help. It disrupted job markets, forced remote work, and slowed housing affordability. Even with steady job