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Inflation Costing You $2,987 A Year

At a glance

  • Inflation numbers around the country continue to send worrying signals to economists looking for signs that the country is getting back on track when it comes to expenses and cost of living.
  • For August 2022, wage inflation was -3.4%, resulting in a loss of -$2,987 in the average household income, bringing it down from $87,864 to $84,877, according to Zippia.

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