Inflation hit a three-year high in May, leaving a growing number of Americans struggling to afford necessities. The rate has since slowed a bit, but most prices aren’t likely to come down. Analysts say “affordability” could be one of the deciding issues in this fall’s midterm elections.
But while we all notice the spike at the gas pump and the cash register, many people may not realize they can use simple, free tools to quantify the change and figure out whether their pay is keeping up.