Latest / Wages and Prices with Fexingo: Cost of Living, Pay Raises, and Workers' Purchasing Power
How Your Raise Is Finally Beating the Cost of Staying Home
It used to be that a night in was the cheap option. But with 'funflation' driving up the cost of streaming, takeout, and even home entertainment gear, staying home is no longer a bargain. Lucas and Luna dig into the latest data on wage growth versus the cost of home-based activities. With average hourly earnings up to $37.60 and the PCE price index at 131.5, they find that workers' purchasing power for home entertainment is actually improving—but not for everything. They break down which costs are falling and which are stubbornly high, and why your raise is finally gaining an…
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