Latest / Wages and Prices with Fexingo: Cost of Living, Pay Raises, and Workers' Purchasing Power
Why Your Raise Is Finally Beating the Cost of a Vacation
Airfare, hotels, and restaurant tabs have gone up sharply over the past few years, but a new analysis shows that inflation-adjusted wages have now overtaken vacation costs for the first time since the pandemic. Lucas and Luna dig into the numbers: average hourly earnings at $37.60, the CPI easing to 332.6, and what the latest ADP jobs report signals for workers' purchasing power. They explore how the 'vacation premium' — the extra cost of leisure spending versus everyday goods — has shrunk, and what that means for your summer plans. Along the way, they question whether the…
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