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Two-thirds of middle-income Americans say they are falling behind due to cost of living: Primerica

Jul 5, 2024, 6:21 AM EDT1 sourcesAI-analyzed

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What happened, with direct paths to the underlying reporting

Middle-income Americans struggling due to high costs of living. 66% feel income lagging behind living costs, cutting costs or saving. Households shifting spending habits, dining out less due to budget concerns. Monthly expenses rising with ongoing inflation crisis, affecting long-term financial condition. Inflation up over 18% compared to pre-pandemic levels, real wages down 2.2%.

  • Middle-income Americans struggling due to high costs of living.
  • 66% feel income lagging behind living costs, cutting costs or saving.
  • Households shifting spending habits, dining out less due to budget concerns.
  • Monthly expenses rising with ongoing inflation crisis, affecting long-term financial condition.
  • Inflation up over 18% compared to pre-pandemic levels, real wages down 2.2%.

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