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: while rents have climbed sharply over the past few years, wage growth has finally caught up. Using the latest data on average hourly earnings and the consumer price index, they explain why the rent-to-income ratio is easing for the first time since the pandemic. They look at what's driving the slowdown in rent growth — new apartment supply, changing migration patterns, and softer asking rents — and what it means for workers' purchasing power. If you've ever wondered whether your raise…
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