 One in three Americans reportedly have a side hustle to keep up with the rising cost of living. According to a survey from Bankrate, 36% of Americans are taking part in the gig economy. Side hustles make them an average of $900 a month. Many millennials and Gen Zers are embracing freelance work, with the majority saying their side hustles aren't just for the financial gain, but a way for them to continue with a passion or hobby.