How Expensive Has Living in the US Become? đĄâĄ
Over the past couple of years, the cost of living in the United States has seen a significant surge, making basic needs harder to afford for many.
Hereâs a closer look at the climbing costs:
đ Transport Services:
- Costs have jumped by 18.5% since mid-2022.
đĄ Housing and Services:
- Housing costs have shot up 13.5%, while service inflation is up 11.0%.
đ§ Utilities (Water, Sewer, Trash, Electricity):
- These essentials have increased by around 10%.
đ„ Groceries & Beverages:
- Food costs have gone up 8% in the same period.
While overall CPI inflation has risen ~6.0% in the past two years, these key categories are outpacing it, adding to affordability challenges.
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