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Latest / Wages and Prices with Fexingo: Cost of Living, Pay Raises, and Workers' Purchasing Power

Why Your Raise Is Finally Beating the Cost of Pet Insurance

In this episode of Wages and Prices, Lucas and Luna explore why pet insurance is the latest expense that wage growth is finally outpacing. With average hourly earnings up 2.9% year-over-year and pet insurance premiums rising only modestly, the affordability picture has shifted. They break down the math: how a typical policy costs around $70 a month for a dog, how that stacks against median weekly earnings, and why the 2026 CPI data shows pet-related costs rising slower than overall inflation. They also unpack the business side—why insurers are competing harder, what telemedicine has done to…

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