Inflation Drives Gen Z to Live With Parents

Inflation and uncertain economic times are taking their toll on Americans.

As Gen Z looks to establish themselves in their lives and careers, the majority are finding it difficult because of the economic climate.

To better understand the situations GenZers (ages 18-25) and other Americans are facing today, DailyPay commissioned their latest Harris Poll.

The Impact of the Economic Climate

Explore the Harris Poll results:

21%

of Gen Z believe the U.S. economy will improve over the next year.

56%

of Americans say they can typically pay all of their bills on time.

28%

of Americans say record-high inflation has caused them to use their credit cards more often.

48%

of Gen Z say they’re unable to move out of their parents' home due to financial struggles.

33%

of Gen Z are worried that high inflation will make it more challenging for them to buy a home.

Survey Methodology

This survey was conducted online within the United States by The Harris Poll on behalf of DailyPay from October 3-5, 2022 among 3,037 U.S. adults ages 18 and older.

The sampling precision of Harris online polls is measured by using a Bayesian credible interval. For this study, the sample data is accurate to within +/- 2.8 percentage points using a 95% confidence level.

For complete survey methodology, including weighting variables and subgroup sample sizes, please contact press@dailypay.com.

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