How Your Raise Is Finally Beating the Cost of Homeowners Insurance

Wages and Prices with Fexingo: Cost of Living, Pay Raises, and Workers' Purchasing Power · Jul 7, 2026 · 5m · transcript

In Episode 96 of Wages and Prices with Fexingo, Lucas and Luna tackle a pocketbook issue that's been quietly squeezing homeowners: insurance premiums. While wages have outpaced inflation in many categories, homeowners insurance has stubbornly risen faster than paychecks for years. Using fresh data from June 2026, Lucas explains how average hourly earnings have finally caught up, climbing 3.2% year-over-year while homeowners insurance premiums have moderated to a 2.8% increase. The hosts break down why insurance costs spiked—from climate losses and reinsurance costs to state regulatory…