Skip to content
Wealth
Savings & Retirement

Middle-Class Americans Are Feeling the Pain of Inflation Everywhere

People noticed rising costs the most on groceries and gas, as well as on local home prices, restaurants, bars and new or used cars.

A customer shops for groceries at a store in San Francisco.

A customer shops for groceries at a store in San Francisco.

Photographer: David Paul Morris/Bloomberg

Inflation is worrying middle-income Americans, with 49% choosing the threat of rising prices as the largest economic challenge facing the U.S. in 2022, according to a Primerica survey.

Some 68% of people surveyed said their income is falling behind the cost of living, and slightly less expect their economic prospects to be worse (28%) or the same (38%) this year. Primerica’s U.S. Middle-Income Financial Security Monitor polled 925 adults who earned between $30,000 and $100,000 in 2020.