When Should You Move Out Of Your Parents' House? More Young Adults Live At Home In US, Europe

Young people in Italy, Slovenia and Greece are most likely to still live at home with their parents, according to a report published by the Organization for Economic Cooperation and Development Wednesday.

Roughly 70 percent of people between the ages of 15 and 29 were still living at home in Slovenia, Italy and Greece. The culture in these countries usually allow for youth to continue to live with their parents well into adulthood, but the hard economic hit Italy and Greece took during the Great Recession of 2008 also has likely contributed to most young people still living at home, according to the study from the intergovernmental economic organization.

The most surprising statistic experts discovered was the 12.9 percent increase of young people still living at home in France over the last seven years. The researchers blamed the increase on the high number of unemployed young people and those not enrolled in an education institution – which accounted for 17 percent of young adults in France.

In Canada, only 30 percent of the youth still live with their parents. Denmark, Sweden, Norway and Finland also had low numbers of young adults residing with family members.

There was a six percent increase in the number of youth living with their parents in the United States between 2007 and 2014. About 67 percent of people 15 to 29 were still presently living with their parents instead of on their own or with a roommate, compared to the 63 percent still living at home before the 2008 recession.

An analysis by the Pew Research Center published in May said that for the first time in over 130 years, adults 18 to 34 were more likely to still live with their parents. The U.S. Census Bureau said that New Jersey, Connecticut and New York had the highest number of residents 18 to 34 years old still living at home in 2015.