Americans Need An Extra $11,000 Just To Get By
November 29, 2023 10:41AM EST
Conceptual of poor woman during Coronavirus recession, economic crisis.
How much is inflation costing us? More than $11,000 a year, according to a new report.
A Senate analysis found that the typical American household needs an extra $11,434 to maintain its standard of living from two years ago.
While hourly wages have increased by more than 13% over that time, it’s not enough to match the 17% increase from inflation.
Have you been able to keep the ‘basics’ covered despite inflation? What money-saving tips have you discovered?
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