Study: Americans Will Need to Spend $5,200 More This Year to 'Live The Exact Same Life'Chris MenahanInformationLiberation Apr. 07, 2022 |
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The average American household will have to spend an additional $5,200 this year to live the exact same life as a result of record inflation, according to a study from Bloomberg. From Fatherly, "You'll Need $5200 More This Year to Live the Exact Same Life": The current inflation rate, where prices are rising at the fastest pace that they have in 40 plus years, is walloping the wallets of parents. Working families are now struggling with rising gas prices, higher grocery bills, and a housing market that seems out of control — just look at rent costs that have skyrocketed as much as 40 percent in some cities. And new data from Bloomberg economists have found out just how much inflation will impact a family budget in a dollar amount this year.A gallon of Horizon organic milk is selling for almost $8 now on the East Coast (the price below is for online/pickup). The price is only going to go higher. According to the media, it needs to go higher to punish us. According to our occupiers, we need to crash the global economy just to stick it to Russia.
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