Nearly 60% of Americans struggle with inflation

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SEATTLE, May 10, 2022 /PRNewswire/ — QuoteWizard®a LendingTree company and one of the nation’s leading online insurance marketplaces, released a new report detailing each state’s struggle with inflation. QuoteWizard found that 45% of people struggle to pay their usual household expenses and 15% struggle to make ends meet.

“Rising prices have affected each state differently. The number of people who are really struggling is up 100% or more in 18 states and in some states it’s up more than 200%,” said Nick VinZant, Sr. Research Analyst with QuoteWizard by Lending Tree.

To view the full report on inflation in each state, visit

https://quotewizard.com/news/posts/inflations-impact-on-each-state

Main findings:

  • 60% of people find it difficult or “very difficult” to cope with expenses
  • 85% increase in the number of people going through a “very difficult” time
  • Oklahoma, West Virginia dnd Mississippi have the most people struggling
  • Missouri, Florida and Arkansas experienced the largest increase in the number of people in difficulty

QuoteWizard used the latest census data to determine the impact of inflation on each state. The report found that 40% of people have “no difficulty” meeting their usual household expenses. That’s down from 50% in June 2021.

About QuoteWizard
Quote Wizard (quotewizard.com) is an insurance comparison marketplace for consumers looking to save on insurance. QuoteWizard gives consumers direct access to thousands of qualified agents in all 50 states, plus major carriers, who offer personalized quotes and the opportunity to save up to 40% on auto, home, health insurance and life. Agents and carriers, in turn, benefit from millions of highly qualified leads, calls and traffic to their site. Situated at SeattleQuoteWizard was founded in 2006.

Related links
https://quotewizard.com/news/posts/americas-unaffordable-housing-costs
https://quotewizard.com/renters-insurance/average-cost-of-renters-insurance#covid

Media contacts:
Emily Lamb: [email protected]
Tap the inbox: [email protected]

SOURCE Quote Wizard