Americans need an extra $11,400 today just to afford the basics
- The typical American household needs to spend an additional $11,434 annually to maintain the same standard of living as in January 2021.
- Food, transportation, housing, and energy are the main categories requiring heavier spending, accounting for nearly 80% of the additional expenses.
- Inflation is a major concern for Americans, despite wage gains, as prices have increased more than hourly pay.
Insights by Ground AI
Does this summary seem wrong?
0 Articles
0 Articles
All
Left
Center
Right
Coverage Details
Total News Sources0
Leaning Left1Leaning Right5Center0Last UpdatedBias Distribution83% Right