Latest / Wages and Prices with Fexingo: Cost of Living, Pay Raises, and Workers' Purchasing Power
Why Your Raise Is Finally Beating the Cost of Rent
On this episode of Wages and Prices with Fexingo, Lucas and Luna dig into a surprising shift: after years of rent outpacing pay, the latest data suggests wages are finally catching up. Using the most recent figures—median weekly earnings up 3.9 percent year-over-year and shelter costs up just 3.2 percent—they explore what's driving the change. From a slowdown in new apartment construction to softer demand in once-hot Sun Belt markets, they unpack the numbers behind the trend and what it means for workers budgeting for a move. But they also ask: is this the new normal or a brief breather?…
The skinny
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