People in their 20s are living with their parents to save money. They don’t realise how much it’s costing them
Many young adults in their 20s are choosing to live with their parents to save money amid rising rental costs. This trend has seen a significant increase over the past two decades, with a notable rise in both men and women living at home. While this arrangement can help with financial savings, it may also hinder personal independence and mental health.
- ▪The percentage of men in their late 20s living with their parents has increased by nearly 50% in the last 20 years.
- ▪For women in the same age group, the rate has nearly doubled.
- ▪Currently, 31.2% of Australian men aged 26 to 29 and 27.5% of women in that age bracket still live at home.
Opening excerpt (first ~120 words) tap to expand
{"@context":"https://schema.org","@type":"NewsArticle","dateModified":"2026-05-20T09:00:00Z","datePublished":"2026-05-20T09:00:00Z","description":"The percentage of men still living with their parents in their late 20s is up 50 per cent in 20 years. For women of the same age, it’s nearly doubled.","headline":"People in their 20s are living with their parents to save money. They don’t realise how much it’s costing them","keywords":"Renting, Just in, Opinion, For subscribers, Property market, Affordable housing","author":[{"@type":"Person","name":"Nina Hendy","jobTitle":"Business and finance…
Excerpt limited to ~120 words for fair-use compliance. The full article is at The Sydney Morning Herald.