Why living at home at 28 makes sense

Living at home with your parents when you’re in your 20s might not sound ideal – but there are many benefits to having your parents as your housemates.

You’re not alone

Worried about living with your ‘rents in your 20s? You’re definitely not the only one. According to Time magazine, young people think 28 is the age when it gets embarrassing to be living with your parents. But staying at home for longer is becoming more common. Research by the Office of National Statistics found that a fifth of 25-to-29-year-olds in the UK were still living with their parents: a whopping 3.3million 20-34-year-olds hadn’t flown the nest yet - an increase of 618,000 since 1996!

Home for a reason

Whether you’re back home after uni or a breakup - or you’ve never left - there are good reasons why young people are bunking-in with their parents (clue: it’s not just about Mum’s cooking). It could be financial pressures, unemployment or the sheer struggle to get on the housing ladder. Even renting is beyond reach for many young people, with Tenancy Deposit Scheme figures showing the average rental deposit across all age groups in England and Wales is £1,041, with deposits in London up around £1,750.  

Forget the rent

The most obvious benefit of living with your parents is the low (or complete lack of) rent. To maintain a happy and healthy relationship with your family, particularly if you’re working, you should probably pay something towards your bed and board - it’s unlikely they’ll want anything near the sums charged by private landlords but it might just keep the peace. Plus, you’ll feel better knowing that anything you pay goes to your nearest and dearest, rather than into the pocket of a landlord.

Enjoy the perks

No point pretending: living at home has its perks. From home-cooked food to the second-to-none laundry service, life with your parents can be a breeze. But don’t forget you are a grownup: could you do a bit more to pull your weight and help mum and dad around the house? As well as being good practice for when you do get your own place, helping out with household chores keeps relationships sweet.

Savour the quality time

Even if your parents get on your nerves, try to enjoy the extra quality time you’re spending with them. Once you do move out, you’ll realise how special time with your folks is. If things are getting tense, suggest going out for dinner (and treat them if you can), or have a movie night at home (you could make the popcorn; they could choose the film). Effort and compromise will definitely be appreciated by whoever you share a home with.

Start saving

It’s wise to save the extra money you’d be spending on rent or a mortgage: you probably don’t want to be under your parents’ feet forever, and saving will help you set goals for your living situation. Research rental costs in your area and put a similar amount into a savings account each month, or whenever you can. Your parents will probably feel better knowing their hospitality is helping you in the longer term, too.