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How much more is inflation costing you?

Posted on AllSides March 11th, 2022
From The Center
ANALYSIS

Rising fuel, housing and food costs have pushed U.S. inflation up 7.9% over the past year, it’s the sharpest spike since 1982, but how much is it costing you?

Annual data from the U.S. Bureau of Labor Statistics shows that inflation hit transportation, gas and electric the hardest.

Transportation

Transit costs are up 17% compared to 2020. This means your daily commute is costing you $1,826 more annually. Gas prices alone will cost you $836 more per year.

Energy

Powering your home will now come with a heftier price. Cost of electricity and...

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https://www.newsnationnow.com/business/your-money/how-much-more-is-inflation-costing-you/

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