I’ve always wanted to see this + I would love to see two Versions of this, one for a 25th percentile earner, and another for 75th percentile. E.g a) what it costs to rent a modest apartment, drive a Honda Civic, shop at Walmart, have 2.5 kids in public school etc. and B) own a home in a metro area, drive an entry level luxury car, shop at Whole Foods, send kids to private college etc.
It’s my perception that there is not much inflation in some areas of the market (chicken thighs at Kroger) and tons for the “keeping up with the Jones’s” set (organic produce, private school education etc)
My point being that inflation can be quite different based on different baskets of goods / consumption patterns
It’s my perception that there is not much inflation in some areas of the market (chicken thighs at Kroger) and tons for the “keeping up with the Jones’s” set (organic produce, private school education etc)
My point being that inflation can be quite different based on different baskets of goods / consumption patterns