Latest / Wages and Prices with Fexingo: Cost of Living, Pay Raises, and Workers' Purchasing Power
How Your Raise Is Finally Beating the Cost of Renters Insurance
In Episode 91 of Wages and Prices with Fexingo, Lucas and Luna dig into why renters insurance premiums have been rising at just 2.8 percent year-over-year while average hourly earnings are up 3.2 percent. That gap means your paycheck is finally pulling ahead of this particular expense. They break down the data behind renters insurance pricing — from climate risk reassessments to the role of inflation in rebuilding costs — and explain why this category is behaving differently than home or auto insurance. The hosts also tie the discussion to the latest employment report showing a cooling job…
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