Half of young adults live in multi-generational homes

Cost of living impact

Jaskeet Briah
clock • 2 min read

Half of young adults (53%) aged 18–24 were found to live in a multi-generational household due to increasing rent and living costs making it difficult for them to afford to live independently, Legal & General (L&G) has found.

L&G surveyed more than 2,000 UK adults around their perspectives on life under one roof. The provider found that the second highest age group in multigenerational households were 25–34-year-olds (44%). Around 30% of adults lived in a multi-generational home, with men more likely to stay in the family home (32%) compared to women (27%). Cultural traditions and expectations were the reason 16% of respondents lived in multi-generational households. This was most common among those aged 25-34 (24%) and those in the South East of England (27%). Finances also played a key role in multi-g...

To continue reading this article...

Join COVER for free

  • Unlimited access to real-time news, key trend analysis and industry insights.
  • Stay on top of the latest developments around health and wellbeing, diversity and inclusion and the cost of living crisis.
  • Receive breaking news stories straight to your inbox in the daily newsletter.
  • Members only access to monthly programme 'The COVER Review'
  • Be the first to hear about our CPD accredited events and awards programmes.

Join now

 

Already a Cover member?

Login

More on Individual Protection

Octopus Legacy launches life cover with Shepherds Friendly

Octopus Legacy launches life cover with Shepherds Friendly

Designed to reduce anxiety

Jaskeet Briah
clock 10 December 2025 • 2 min read
Aviva updates online trust process

Aviva updates online trust process

Digitised trust for individual protection

Cameron Roberts
clock 28 November 2025 • 1 min read
Fairer Finance adds former FCA chair to consumer board

Fairer Finance adds former FCA chair to consumer board

Charles Randell CBE joins

Jaskeet Briah
clock 28 November 2025 • 1 min read