Cost of Living Crushes Americans

0:00On April 28, cost of living is still crushing American wallet's hardest, says a fresh gallup survey out this week. It's the top financial worry for folks with affordability issues like inflation, housing, and energy costs blowing everything else out of the water. Energy prices jump big time in mentions, hitting 13% of responses, of 10 points from last year and the most since 2008. That puts it neck and neck with housing as the number 2 gripe, while health care sits at 8%. These pressures have ruled the roofs for 5 straight years now, squeezing household budgets without mercy. Meanwhile, 55% of Americans report real hardship keeping up their standard of living thanks to price hikes, steady from last year. Personal finance vives say, man, with 46% calling theirs excellent or good and the rest fair or poor. That's better than the Great Recession lows, but echoes those tough years from 2008 to 2015, way off the highs we saw through. 2021, looking forward, pessimisms at a record 55% saying their money situation is worsening,

1:06up from 47% last year. Gallup's poll of 1,0001 adults from early April spells out the grind ahead for everyday finances. U.S. News today, powered by AI bringing you what matters nationwide, I'm Cory with the story.