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Many Americans say their household expenses are outpacing earnings this year, AP-NORC poll shows

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About two in three Americans say their household expenses have risen over the last year, but only about one in four say their income has increased in the same period.

FILE - Credit cards as seen July 1, 2021, in Orlando, Fla. Many Americans say their household expenses are outpacing earnings in 2023 according to a new poll from AP-NORC Center for Public Affairs Research. – About 2 in 3 Americans say their household expenses have risen over the last year, but only about 1 in 4 say their income has increased in the same period, according to a new poll from The Associated Press-NORC Center for Public Affairs Research.

“They'll treat you, but the bills are crazy,” she said. Gonzales said she's tried to avoid seeking medical treatment because of the costs. “I don't think it's out of line, what they're asking for, when you see what CEOs are making,” she said."I think things have gotten out of control. When you can walk into a store and see the next day, across the board, a dollar increase — that’s a little strange. I understand supply and demand, the cost of shipping, et cetera. But it seems to me everyone’s looking at their bottom lines.”“They all have jobs and have never been without them," she said.

Among those who are retired, 3 in 10 say they are highly confident that there’s enough saved for their retirement, about 4 in 10 are somewhat confident, and 31% are not very confident or not confident at all.

 

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