Personal income after tax from 2019 to 2021 went up from $27,700 to $28,800 or about 4%. I won't call that trivial but I would hardly call that inline with the increase in costs we've seen. I don't see more direct data after that for salary but after tax household income was down in 2022:
I think the cost of housing is probably the most important thing to look at since, for most people, it is the highest monthly bill. I think all of the various cost increases that make existing harder are important to look at though.
https://www.census.gov/library/stories/2023/09/median-househ...
I think the cost of housing is probably the most important thing to look at since, for most people, it is the highest monthly bill. I think all of the various cost increases that make existing harder are important to look at though.