ǿմý

Skip to main content

These are the differences between Gen Z and millennials, a survey says

Youth
Share

Anxiety is rampant among the two younger generations of adults, according to a new survey.

conducted by Leger, found that 75 per cent of respondents said they’ve experienced anxiety before, with nearly half saying they’ve experienced depression.

More than 3,000 members of Gen Z (aged 12 to 27) and Millennials (aged 28 to 43) were asked questions on a range of topics including mental health, alcohol consumption, finances and long-term aspirations.

The study gives insights into the similarities between the two generations, while highlighting some key differences.

When it came to mental health, both generations experienced anxiety at similar rates, with depression being slightly more common among Millennials (51 per cent) compared to Gen Z (44 per cent).

The survey also found approximately one in six individuals have taken medication in the past year to treat anxiety or depression.

But Gen Z is drinking alcohol less than the cohort before them. The survey found 22 per cent of Gen Z members 18 and older had never consumed alcohol. Another 15 per cent said they had drank before, but currently don’t do so.

Another difference between the generations is among larger life plans: owning a home, getting married and becoming parents.

Among Millennials, 87 per cent said they either currently do or one day hope to own a home. A similar number, 87 per cent, said the same about being a parent.

For Gen Z, only 61 per cent hope to own or currently own a home, and only 67 per cent say the same for parenthood.

Diversity and identity

The survey also looked at which aspects were most important to people’s identities.

Key differences between the groups include gender and religion — 27 per cent of Gen Z said gender was most important, compared to 19 per cent of Millennials. For religion, the difference was 22 per cent for Gen Z compared to 14 per cent for Millennials.

Around one in four Millennial respondents said their identity was not important, compared to 15 per cent of Gen Z who said the same.

Spending habits

Among both groups, close to half of respondents said they were currently living paycheque to paycheque — 45 per cent for Gen Z and 52 per cent for Millennials.

One key difference among the two was money allocated to housing, with Millennials saying they spent 37 per cent of earnings on housing, compared to 24 per cent for Gen Z.

In total, the survey found the two generations are spending approximately 65 per cent of their budget on essentials — housing, food, transport and health.

CTVNews.ca ǿմý

Police north of Toronto have released video of what they’re describing as a violent, targeted robbery in Thornhill, where suspects boxed in the victim’s car and made off with a suitcase filled with cash.

Local Spotlight

Jeff Warner from Aidie Creek Gardens in the northern Ontario community of Englehart has a passion for growing big pumpkins and his effort is paying off in more ways than one.

Saskatchewan’s Jessica Campbell has made hockey history, becoming the first ever female assistant coach in the National Hockey League (NHL).

Have you ever seen videos of hovercrafts online or on TV and thought, 'Wow, I wish I could ride one of those.' One Alberta man did, and then built his own.

A B.C. couple is getting desperate – and creative – in their search for their missing dog.

Videos of a meteor streaking across the skies of southern Ontario have surfaced and small bits of the outer space rock may have made it to land, one astronomy professor says.

A unique form of clouds made an appearance over the skies of Ottawa on Sunday evening.

Bernie Hicks, known as the ‘Batman of Amherst,’ always wanted to sit in a Batmobile until a kind stranger made it happen.

Bubi’s Awesome Eats, located on University Ave West took to social media to announce the closure on Friday.

Weeneebayko Area Health Authority and the Government of Ontario have awarded a $1.8 billion fixed-price contract to design, build and finance a new Far North hospital.

Stay Connected