The cost of living alone

As the number of one-person households continues to rise, recent Office for National Statistics (ONS) analysis reveals the financial situation and personal well-being of those living alone:

People living alone are more likely to be renting, and feel less financially secure than couples without children, with fewer reporting they have money left over at the end of the week or month.  People living on their own spend an average of 92% of their disposable income, compared with two-adult households who spend only 83% of theirs.

And the costs are not just financial: when it comes to well-being, those living on their own report lower levels of happiness and higher levels of anxiety than those living together with a partner and no children.

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