Latest / Wages and Prices with Fexingo: Cost of Living, Pay Raises, and Workers' Purchasing Power
How Raises Are Finally Keeping Pace With Prescription Drug Costs
In this episode of Wages and Prices, Lucas and Luna tackle a question many workers are asking in August 2026: is your raise finally beating the cost of prescription drugs? With average hourly earnings at $37.60 and core CPI still elevated, the hosts dig into the latest data on drug pricing trends, from generic competition to the impact of inflation on out-of-pocket costs. They break down why some medications are getting cheaper while others keep climbing, and what that means for your purchasing power. Along the way, they discuss the ripple effects of the $40 trillion national debt and…
The skinny
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