In the West it is not until the mid-20s or 30s people reach an adult status. Becoming an adult signifies being independent from others (especially from parents) and learning to stand alone as a self-sufficient person. This study investigates whether the attainment of such individual qualities are affected by emerging adults’ living circumstances. Results indicate that though independent living is associated with an accelerated achievement of certain criteria for adulthood, continued coresidence with parents during emerging adulthood slows down the process by which an individual moves toward becoming a self-sufficient and independent adult. Because success in the achievement of an adult status also positively predicts emerging adults’ well-being, delayed home-leaving during this stage of life is an issue that requires special attention.