Hungarian young adults leave the nest later than the EU average

young man at home
Photo: Illustration/Pixabay

Statistics from 2019 reveal that over 40% of young adults (aged 25-34) still live with their parents in Hungary. Males are more likely to stay at the so-called “mama hotel” than females.

A survey by Eurostat reveals that 40.8% of Hungarian young adults (aged 25-34) still live with their parents. In the European Union, young adults on average leave the family home at the age of 26. In Hungary, people leave the nest around the age of 27.2, Pénzcentrum reports.

Data also shows that males tend to stay longer at their parents’ house in almost all EU member states.

Boys seem to be having a harder time leaving the nest than girls: 48.1% of the male respondents reported to still live with their parents while 32.4% of female respondents said that they live at their family homes.

Why are they staying for so long?

An index by K&H Bank reveals the main reasons why young adults decide to stay at the family home. Turns out, 6 out of 10 Hungarians simply cannot afford to live on their own.

  • 34% are waiting to have a steady income
  • 25% consider the situation more comfortable than living alone
  • 21% would consider moving out if they were in a serious relationship
  • 17% do not feel ready to start an independent life
  • 12% cannot move out because they need to take care of their parents
  • 8% do not plan to move out at all

Based on the data gathered by K&H Bank, 32% of young adults in Hungary receive monthly financial support from their parents, 28% of them said that they do not actually need it, and 26% said that they would need much more.

68% of students reported getting financial aid from their family while 20% of people who have jobs do so too. Parents help their children with an average of 55 Euros, but the amount varies from 15 Euros to 290 Euros per month.

Source: www.penzcentrum.hu

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