This signifies a rise of £35,000 in family and home costs in just two years, OneFamily research shows.
With the expectation of a wedding costing £16,000, two in five people who want to tie the knot are worried about how they will afford to do so.
It has led to over half of the 2,000 respondents aged between 18 and 40 years old surveyed by the mutual saying their priority is just to live comfortably.
The second concern for young adults was to go on holiday (36%) and the third was to buy a house, with less than a third (28%) wanting to get on the property ladder.
Tenth of under-40s prioritise marriage
Meanwhile, just a tenth of the mix of millennials and Gen-Zers asked by the mutual said getting married was among their top three life goals. Despite this, three-quarters of non-married adults would eventually like to do so.
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Affording a house has become a task increasingly reliant on a financial boost from family members to achieve.
Between 2018 and 2020, almost half of first-time buyers in their 20s got a helping hand from relatives and received an average of £25,000 on deposits worth an average of £55,000.
Jackie Davies, customer operations director at OneFamily, pointed at the cost-of-living crisis as a reason for the struggle to tick off traditional life goals.
Cost-of-living crisis hits young adults hard
Davies said: “It is hardly surprising it’s becoming more difficult for people to afford buying a home as well as their dream wedding.
“It’s tough for young adults in the UK, as they juggle paying rent, bills and saving for a deposit.”
Davies added: “Social mobility is something we really believe in at OneFamily, as everyone should have access to equal opportunities, regardless of their background. Lifetime ISAs can really help people wanting to save for their first home, as the free bonus can give them that extra boost.”