Many Americans are feeling the pinch as employees dish out low “peanut butter” raises, housing costs remain bleak, and grocery prices balloon to unaffordable highs. The cost of living crisis is spilling over into the lives of all Americans, even six-figure earners once considered to be “rich.”
Around 53% of U.S. adults say they have just enough money to maintain their standard of living, the same proportion as last year, according to a recent poll conducted by the Washington Post, ABC News, and Ipsos. However, roughly half of Americans say they can no longer afford simple pleasures that many associate with a good quality of living.
