Should You Move Back Home to Save Money? What Experts Say About the Tradeoffs
KEY TAKEAWAYS: The financial impact of moving back in with your parents is nearly universal—only 10% of young people living at home experience negative financial consequences. For certain people in certain industries, living at home can be a professional setback. If you’re able to set the right boundaries with your parents, living at home could be a smart financial decision for you. Housing has never been more expensive in the United States. As of September 2025, the average rent for a one-bedroom apartment is about $1,640 per month, up nearly 1% from last year. Home prices are also near historic highs, with the median existing-home sale price in the U.S. reaching $429,400 in the second quarter of 2025, according to the National Association of Realtors. 1 2 Those high prices put many young Americans in a financial bind. Many are choosing to forgo the cost of housing and live at home with their parents. In fact, according to Pew Research, 57% of ...