America’s great affordability crisis: Where costs in the US have greatly outpaced incomes
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Picture it: Gas is $2.69 per gallon, eggs are $1.50 a dozen, and rent is just $1,300 per month. It’s 2019 in America, and the country has yet to go through the years of high inflation that will drive the price of gas up to $4.10, eggs to $6.22, and rent to $1,700—along with the cost of many other essentials. While it’s no secret that affordability has plummeted since the pandemic, a new analysis from the Common Sense Institute (CSI) reveals that some states were hit harder than others. Today,
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