Study Reveals: Bottom 60% of U.S. Households Face $29,000 Gap in Meeting Basic Living Expenses

A new study finds that in 2023, the bottom 60% of U.S. households-earning an average of about $38,000-fell over $29,000 short of what’s needed to cover basic living expenses. This shortfall is not fully reflected in standard inflation measures, causing the economic strain on low-income families to be underestimated

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#IncomeInequality #CostOfLiving #EconomicDisparity #LowIncomeFamilies #FinancialStruggles

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