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TwitterAccording to an April 2023 survey by We Are Social and Statista Q, 40 percent of U.S. consumers feel highly affected by the ongoing cost of living crisis, whereas only 6 percent don't feel affected at all.
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TwitterAround 64 percent of U.S. consumers spend less on non-essentials amidst the ongoing cost of living crisis in 2023. This is according to a survey conducted by We are Social and Statista Q, which shows that rising inflation rates have caused around a similar percentage of customers to pay more attention to bargains, good deals, or offers (when going shopping). Furthermore, around 39 percent of U.S. consumers do not go out for dinner/lunch anymore to deal with the situation.
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TwitterResidential rents in urban areas in the United States have grown faster than the general basket of products and services of the urban population. In 2024, the consumer price index (CPI) for rent of primary residences reached 420 index points, more than 100 index points more than the CPI for all items. The CPI measures the development of prices, with 1984 chosen as a base year. An index value of 400 indicates that rents have quadrupled since 1984.
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Russia: Cost of living index, world average = 100: The latest value from 2021 is 50.47 index points, a decline from 61.96 index points in 2017. In comparison, the world average is 79.81 index points, based on data from 165 countries. Historically, the average for Russia from 2017 to 2021 is 56.22 index points. The minimum value, 50.47 index points, was reached in 2021 while the maximum of 61.96 index points was recorded in 2017.
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Ireland: Cost of living index, world average = 100: The latest value from 2021 is 175.68 index points, an increase from 157.19 index points in 2017. In comparison, the world average is 79.81 index points, based on data from 165 countries. Historically, the average for Ireland from 2017 to 2021 is 166.44 index points. The minimum value, 157.19 index points, was reached in 2017 while the maximum of 175.68 index points was recorded in 2021.
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The average for 2021 based on 165 countries was 79.81 index points. The highest value was in Bermuda: 212.7 index points and the lowest value was in Syria: 33.25 index points. The indicator is available from 2017 to 2021. Below is a chart for all countries where data are available.
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Graph and download economic data for Cost of Living Index for Massachusetts (M04072US000MAM324NNBR) from Jan 1910 to Dec 1943 about MA, CPI, price index, indexes, price, and USA.
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TwitterWest Virginia and Kansas had the lowest cost of living across all U.S. states, with composite costs being half of those found in Hawaii. This was according to a composite index that compares prices for various goods and services on a state-by-state basis. In West Virginia, the cost of living index amounted to **** — well below the national benchmark of 100. Virginia— which had an index value of ***** — was only slightly above that benchmark. Expensive places to live included Hawaii, Massachusetts, and California. Housing costs in the U.S. Housing is usually the highest expense in a household’s budget. In 2023, the average house sold for approximately ******* U.S. dollars, but house prices in the Northeast and West regions were significantly higher. Conversely, the South had some of the least expensive housing. In West Virginia, Mississippi, and Louisiana, the median price of the typical single-family home was less than ******* U.S. dollars. That makes living expenses in these states significantly lower than in states such as Hawaii and California, where housing is much pricier. What other expenses affect the cost of living? Utility costs such as electricity, natural gas, water, and internet also influence the cost of living. In Alaska, Hawaii, and Connecticut, the average monthly utility cost exceeded *** U.S. dollars. That was because of the significantly higher prices for electricity and natural gas in these states.
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Turkey: Cost of living index, world average = 100: The latest value from 2021 is 44.31 index points, a decline from 64.7 index points in 2017. In comparison, the world average is 79.81 index points, based on data from 165 countries. Historically, the average for Turkey from 2017 to 2021 is 54.51 index points. The minimum value, 44.31 index points, was reached in 2021 while the maximum of 64.7 index points was recorded in 2017.
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Graph and download economic data for Estimated Mean Real Household Wages Adjusted by Cost of Living for Lake County, OH (MWACL39085) from 2009 to 2023 about Lake County, OH; Cleveland; adjusted; OH; average; wages; real; and USA.
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Graph and download economic data for Estimated Mean Real Household Wages Adjusted by Cost of Living for York County, ME (MWACL23031) from 2009 to 2023 about York County, ME; Portland; ME; adjusted; average; wages; real; and USA.
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The average for 2021 based on 20 countries was 97.17 index points. The highest value was in Bermuda: 212.7 index points and the lowest value was in Nicaragua: 49.42 index points. The indicator is available from 2017 to 2021. Below is a chart for all countries where data are available.
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The average for 2021 based on 41 countries was 107.05 index points. The highest value was in Switzerland: 211.98 index points and the lowest value was in Belarus: 40.99 index points. The indicator is available from 2017 to 2021. Below is a chart for all countries where data are available.
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Romania: Cost of living index, world average = 100: The latest value from 2021 is 59.9 index points, a decline from 63.98 index points in 2017. In comparison, the world average is 79.81 index points, based on data from 165 countries. Historically, the average for Romania from 2017 to 2021 is 61.94 index points. The minimum value, 59.9 index points, was reached in 2021 while the maximum of 63.98 index points was recorded in 2017.
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Graph and download economic data for Estimated Mean Real Household Wages Adjusted by Cost of Living for Ada County, ID (MWACL16001) from 2009 to 2023 about Ada County, ID; Boise City; ID; adjusted; average; wages; real; and USA.
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Graph and download economic data for Estimated Mean Real Household Wages Adjusted by Cost of Living for Los Angeles County, CA (MWACL06037) from 2009 to 2023 about Los Angeles County, CA; Los Angeles; adjusted; average; wages; CA; real; and USA.
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TwitterThe housing costs inflation rate for low-income households in the United Kingdom was noticeably higher than that of high-income ones between April 2022 and April 2023, during a serious cost of living crisis in the UK. As of March 2025, however, the inflation rate for high and medium-income households was slightly higher than that of low incomes ones.
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Guinea-Bissau: Cost of living index, world average = 100: The latest value from 2021 is 55.73 index points, a decline from 57.18 index points in 2017. In comparison, the world average is 79.81 index points, based on data from 165 countries. Historically, the average for Guinea-Bissau from 2017 to 2021 is 56.46 index points. The minimum value, 55.73 index points, was reached in 2021 while the maximum of 57.18 index points was recorded in 2017.
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Graph and download economic data for Estimated Mean Real Household Wages Adjusted by Cost of Living for Salt Lake County, UT (MWACL49035) from 2009 to 2023 about Salt Lake County, UT; Salt Lake City; UT; adjusted; average; wages; real; and USA.
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Nicaragua: Cost of living index, world average = 100: The latest value from 2021 is 49.42 index points, a decline from 54.99 index points in 2017. In comparison, the world average is 79.81 index points, based on data from 165 countries. Historically, the average for Nicaragua from 2017 to 2021 is 52.21 index points. The minimum value, 49.42 index points, was reached in 2021 while the maximum of 54.99 index points was recorded in 2017.
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TwitterAccording to an April 2023 survey by We Are Social and Statista Q, 40 percent of U.S. consumers feel highly affected by the ongoing cost of living crisis, whereas only 6 percent don't feel affected at all.