US EditionWhere Is Inflation Hitting Consumers Hardest? New Data Shows Which Goods and Services Have Seen the Biggest Price Hikes
- GoodRx Research reports that inflation has significantly raised prices for many consumer goods and services since 2014 across the U.S.
- Price increases occurred due to rising costs in categories such as food, rent, medical care, and tobacco, with wages rising but not keeping pace with essentials.
- Healthcare experienced the fastest price growth, especially hospital services, nursing homes, and veterinary care, creating burdens for the aging population and pet owners.
- Since 2014, prescription medication costs increased about 39%, overall prices grew 37%, and veterinary care prices jumped 75%, indicating broad inflationary pressure.
- Rising medical costs have made healthcare less affordable, expanding the underinsured population and prompting ongoing debates about economic and tax policy changes.
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Where is inflation hitting consumers hardest? New data shows which goods and services have seen the biggest price hikes | News Channel 3-12
Where is inflation hitting consumers hardest? New data shows which goods and services have seen the biggest price hikes It’s no secret that prices have increased in the last decade — especially for healthcare. And as new economic policies like tariffs take effect, we can expect consumer out-of-pocket costs to continue to fluctuate. GoodRx Research tracked how inflation is hitting consumers across different budget categories, including prescripti…
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Leaning Left1Leaning Right0Center33Last UpdatedBias Distribution97% Center
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C 97%
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