Latest / Wages and Prices with Fexingo: Cost of Living, Pay Raises, and Workers' Purchasing Power
The Hidden Tax on Your Insurance Premiums
Wages are ticking up, but for many workers, the cost of living feels like it is accelerating faster than their paychecks. In this episode, Lucas and Luna drill into the specific mechanics of how insurance premiums — health, auto, and property — have become a silent tax on purchasing power. Using August CPI data showing core prices at 337.8 and Employment Cost Index figures revealing wage growth at 179.0, we explore why benefits costs are rising even when headline inflation cools. The conversation examines how risk pricing in a high-interest-rate environment is reshaping household budgets…
The skinny
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