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International Business Times UK
International Business Times UK
Niloy Chakrabarti

Americans Living Paycheck to Paycheck Rises to 24% in 2025, Led by Millennials and Gen X: BofA Report

BofA Millennials Inflation United States Chris Kempczinski
US inflation hit 3% in September, impacting consumers' purchasing power. (Credit: Andrea Piacquadio/Pexels.com)

The latest Bank of America (BofA) report reveals that 24% of American households are now living paycheck to paycheck, up slightly from 23.7% in 2024. This growing financial strain underscores the ongoing challenges faced by many amid rising inflation and stagnant wages.

Rising Financial Pressure Amid Inflation

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