Survey: 25% Of Millennials' Parents Pay For Their Rent

Parents are still helping their adult children with rent. A new poll of 2,000 Americans from OnePoll on behalf of “Chartway Credit Union” has found. 

The survey found that:

  • 35% of adults admitted their parents pay at least one of their bills.
  • 19% said their parents pay their rent.
  • 19% said their parents pay their groceries.
  • 16% said their parents pay their utilities. 

When it comes to millennials specifically, things get even greater. For millennials:

  • 24% admitted their parents cover their rent.
  • 30% said they’ll let their parents pay these bills until their parents tell them otherwise.
  • 39% said they have a hard time finding information to help them with finances.

Source: New York Post

Photo Credit-Getty Images

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