Latest / Wages and Prices with Fexingo: Cost of Living, Pay Raises, and Workers' Purchasing Power
Why Your Raise Is Finally Beating the Cost of Pet Ownership
In this episode, Lucas and Luna examine how rising wages are finally outpacing the cost of owning a pet, from vet bills to pet insurance to food. Using the latest data—average hourly earnings at $37.50 in May 2026 and the PCE price index at 131.5—they break down why pet expenses have grown at about 6% annually while wages have grown faster. They dig into the shift toward pet insurance, the rise of subscription pet food, and what this means for household budgets. If you've ever felt like your furry friend is costing more each year, this episode offers a fresh, data-driven perspective on…
The skinny
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