It seems odd to talk about 2021 as “the good old days”, but the truth is that the cost of living was far lower just three short years ago. Earlier today, I did an interview with Sam Rohrer of Stand In The Gap Today in which we discussed how food prices have gotten wildly out of control. One example that I brought up was the fact that a Big Mac “value meal” can cost up to 18 dollars in some parts of the country. There is no way that I would shell out 18 bucks for a burger, some fries and a drink at McDonald’s. But this is the economic environment that we live in today.
Has your income gone up by more than a thousand dollars a month over the past three years?
If not, you are falling behind.
According to economist Mark Zandi, the average U.S. household is now shelling out an additional $1,019 a month just to purchase the exact same goods and services that it did three years ago…
The typical U.S. household needed to pay $213 more a month in January to purchase the same goods and services it did one year ago because of still-high inflation, according to new calculations from Moody’s Analytics chief economist Mark Zandi.
Americans are paying on average $605 more each month compared with the same time two years ago and $1,019 more compared with three years ago, before the inflation crisis began.
In the old days, I actually enjoyed going to the grocery store.
But now it has become such a painful experience.
Hellbound and Down 
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