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Inflation drives up family expenses by hundreds per month since Jan. 2025

According to an analysis by the Get the Facts Data Team, a family of four with two children in daycare and a pet could be paying about $275 more each month than when Trump took office in January 2025. The Consumer Price Index rose 3.7% over the past year, while the Producer Price Index rose 6.3%. Since Trump took office, groceries are up about 3.5%, electricity about 10% and gasoline nearly 40%, and inflation has outpaced average hourly wage growth. An AP-NORC poll conducted Oct. 8-12 found 19% of U.S. adults approve of Trump's handling of the cost of living, while a separate late-September poll found 65% attributed higher-than-usual prices to his policies. NerdWallet suggests canceling unused subscriptions, negotiating recurring bills and comparing unit prices at the grocery store.

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Original headline: Inflation drives up family expenses by hundreds per month since Jan . 2025

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  • Inflation drives up family expenses by hundreds per month since Jan. 2025

    A sample family of four with two children in daycare and a pet could be paying about $275 more each month for everyday expenses than in January 2025, according to an analysis by the Get the Facts Data Team. The Consumer Price Index rose 3.7% over the past year and the Producer Price Index rose 6.3%, with inflation outpacing average hourly wage growth. Price increases varied by category: since January 2025, groceries rose about 3.5%, electricity about 10% and gasoline nearly 40%. Republicans argue their tax cuts leave families with more money, but an AP-NORC poll conducted Oct. 8-12 found only 25% of U.S. adults approve of Trump’s handling of the economy and 19% approve of his handling of the cost of living. A separate late-September AP-NORC poll found 65% of adults said higher-than-usual prices were the result of Trump’s policies, while 34% attributed them more to factors beyond his control.

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