The cost of living has skyrocketed across the United States, with over 57% of households struggling to afford their expenses and 93% reporting stress due to rising prices.
Inflation peaked in June 2022, showing a 9.1% increase in prices compared to the previous year. Although it has cooled, CPI remains above the Federal Reserve's 2% target.
West Virginia has a lower average cost of living, yet 63.1% of households still faced difficulties with expenses, highlighting widespread financial challenges despite regional price differences.
Metro areas in the U.S. experience an average cost of living that is 11.4% higher than rural communities, with significant variations in living costs within states themselves.
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