What Rising Gas and Rent Prices Mean for Families with Low Incomes
By Yonah Freemark
Read the full article from The Urban Institute, here.
Driven by the COVID-19 pandemic, a shaky recovery from 2020’s recession, and, now, the war in Ukraine, inflation has shot up in the United States and in countries worldwide. For Americans, recent dramatic surges in gas prices and rent have increased the costs of daily life at a quicker rate than wages.