Latest / Wages and Prices with Fexingo: Cost of Living, Pay Raises, and Workers' Purchasing Power
Why Your Raise Is Finally Beating the Real Cost of Utilities
Episode 69 of Wages and Prices finds Lucas and Luna digging into a quiet victory in the inflation wars: for the first time in three years, average hourly earnings are growing faster than energy and water utility prices in most metro areas. Using Bureau of Labor Statistics data from May 2026, they break down how the typical private-sector worker's $37.50 per hour now buys more kilowatt-hours and cubic feet of natural gas than it did in 2023. They explore why utilities lagged other categories in the inflation cycle, what the 2.23 percent ten-year breakeven inflation rate implies for future…
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