年轻千禧一代和Z世代的生活水平如何？

How do the living standards of youngerMillennials and Gen Z fare? Mike Brewer, Charlie McCurdy, Parth Pandya, Jamie Titus-Glover & Lalitha TryJune 2026 Acknowledgements This research was supported by the Economic and Social ResearchCouncil (ESRC) as part of the ESRC Connecting Generations researchprogramme. The research programme brings together experts from The authors would like to thank Becki Dey, Jane Falkingham andTeresa McGowan from the ESRC Connecting Generations researchprogramme for their input and comments on the draft. We also thankHannah Aldridge, Matthew Cavanagh, Alex Clegg, Ruth Curtice, SophieHale, Louise Murphy, Simon Pittaway and David Willetts for commentson and contributions to this report. The report was edited by TomClark. Jamie Titus-Glover contributed to this report while a research Acknowledgements This research was supported by the Economic and Social ResearchCouncil (ESRC) as part of the ESRC Connecting Generations researchprogramme. The research programme brings together experts from The authors would like to thank Becki Dey, Jane Falkingham andTeresa McGowan from the ESRC Connecting Generations researchprogramme for their input and comments on the draft. We also thankHannah Aldridge, Matthew Cavanagh, Alex Clegg, Ruth Curtice, SophieHale, Louise Murphy, Simon Pittaway and David Willetts for commentson and contributions to this report. The report was edited by TomClark. Jamie Titus-Glover contributed to this report while a research ONS crown copyright info Parts of this work was undertaken in the Office for National StatisticsSecure Research Service using data from ONS and other owners anddoes not imply the endorsement of the ONS or other data owners. Download This document is available to download as a free PDF at:https://www.resolutionfoundation.org/publications/ If you are using this document in your own writing, our preferred citation is:M Brewer, C McCurdy, P Pandya, J Titus-Glover & L Try,They’re coming home : How do the living Permission to share This document is published under the Creative Commons Attribution Non Commercial NoDerivatives 3.0 England and Wales Licence. This allows anyone to download, reuse, reprint, For commercial use, please contact: info@resolutionfoundation.org Summary Over many years, the Resolution Foundation has exposed ways in which Britain’s youngergenerations have been getting a raw deal. Whether the question was work, wealth, risingstudent debt or the dwindling chance of owning a home, we have documented how This report focuses on today’s under-30s, young adults born between 1996 and 2005.It uncovers a mix of encouraging evidence and worrying signs, all of which have to beunderstood in the light of one huge social change. For this generation, it is increasinglynormal to live at home with parents until deep into adulthood. Nearly two-thirds (63 percent) of people in their early 20s (aged 20-24) now remain ‘at home’, a proportion that hasrisen by 12 percentage points since 2011. Even among those in their later 20s (aged 25-29), We do not present this trend as always being a worrying indicator. Of course, many youngpeople will hanker for the independence and opportunity that getting out ‘into the world’has traditionally supported. Indeed, a documented ‘relationship recession’ and Britain’s The most obvious reason why staying at home feels like a practical option, andsometimes the only practical option, is the cost of housing. The main alternative foryoung adults is renting privately, the costliest tenure type. Back in 2012-2014, evenamong those aged 24 or under, a third (33 per cent) were private tenants, but by2022-2024 that had fallen to 28 per cent as ever-more stayed at home. Private rentlevels have not become relatively more expensive in the decade to 2022-2024 – they with parents’ typically have lower total accommodation costs, as many are not charged Adult children staying longer with their parents also changes the structure ofhouseholds. Amid such changes, the more traditional measure of living standards –disposable income at the household level, which is what is tracked in the government’sHouseholds Below Average Income series and used in previous versions of our ownIntergenerational Audits – needs to be handled with care. But if we start with this And yet, the many ways in which such measures could flatter the picture for stay-at-homers cannot be ignored, not least that it assumes that total household income isshared evenly. Overall, we can calculate that exactly half (50 per cent) of the apparent All of this creates the possibility that tracking household incomes could be putting anunduly positive gloss on the economic position of young people, and makes it importantto check whether their own incomes are also rising, before concluding that today’s youngpeople are truly “getting on.” Happily, however, when we swap to an “own income” gauge(where we look only at the income of the young person and any co-resident part