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Not necessarily, depends on the distribution of your own expenses. If you deviate from the average urban household (lets say, you have a particularly long commu
by thewebguyd 4mo ago
Not necessarily, depends on the distribution of your own expenses. If you deviate from the average urban household (lets say, you have a particularly long commute or your car isn't as fuel efficient as the average. Look at the increase on fuel prices, 40.5%!).
If you're at $5,000/month, a 4.2% raise puts you at $5,210. If you're spending $600/month on gas (not unreasonable for someone that drives an SUV and lives in the suburbs instead of in the urban core), you still come out behind.
- lazide 4mo agoDon’t forget the obvious ‘finger on the scale’ influence from the administration too.
- SteveNuts 4mo agoWhy can't we just water down the gasoline? /s
- kevin_thibedeau 4mo agoThat's what E15 is for.
- preg_match 4mo agoHave the American people just tried cutting a whole in the car floor and flintstoning it? Yabba dabba the DOW is up people!
- TuringNYC 4mo ago>> If you're at $5,000/month, a 4.2% raise puts you at $5,210. If you're spending $600/month on gas (not unreasonable for someone that drives an SUV and lives in the suburbs instead of in the urban core), you still come out behind. This is the problem with people treat CPI as some word from the heavens...it is not. CPI is a highly constructed figure which conveniently includes/excludes things and is really more a floor of what the inflation is. Anyone living in the real world knows experienced inflation is way higher.
- JumpCrisscross 4mo ago> CPI is a highly constructed figure which conveniently includes/excludes things and is really more a floor It’s an attempt at a central tendency in a complex economy with non-linear variability. > Anyone living in the real world knows experienced inflation is way higher Here is a map of wage changes across the U.S., 2024 to 2025 [1]. Lots of variance! If you’re on the West Coast, right now, you’re seeing above-CPI inflation. If you’re in the Northern Rockies, where I am, you’re seeing less. [1] https://www.bls.gov/charts/county-employment-and-wages/percent-change-aww-by-state.htm https://www.bls.gov/charts/county-employment-and-wages/perce...
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