A recent survey has revealed that 62 per cent of 25-year-olds in Ireland are still living with their parents, primarily due to financial difficulties.
The findings from the Central Statistics Office (CSO) survey highlights the ongoing economic pressures faced by young adults as they transition into independent living.
The survey, part of the ‘Growing Up in Ireland Cohort ’98’ study, also found that 34 per cent of respondents struggled to make ends meet, with over 5 per cent reporting severe financial hardship.
Housing access emerged as a major concern, with 86 per cent of participants expressing deep anxiety about finding affordable housing in Ireland.
Mental health challenges were also prevalent, particularly among women. Nearly one-third (31 per cent) of women in the survey reported being diagnosed with depression or anxiety at some point in their lives, compared to 18 per cent of men.
Emigration was another significant finding, with one in eight survey participants having left the country.
The ‘Growing Up in Ireland Cohort ’98’ study has been tracking the lives of individuals born in 1998, interviewing them at key milestones—ages nine, 13, 17, 20, and most recently, 25. A total of 3,380 individuals participated in the survey, offering insights into the challenges faced by Ireland’s young adults today.