Cost of living in Los Angeles and Orange counties is up 15% in three years. In the Inland Empire, it’s jumped 19%.
Up 5% in L.A.-O.C. and 22% in the Inland Empire. Consumers first bought comfortable clothes as work and learning went home, and then had a second buying spree for new wardrobes as workers went back to the office and students returned to classrooms.Up 19% in L.A.-O.C. and 22% in the Inland Empire. Soaring fuel prices made driving and flying far pricier. And parts’ shortages made new cars hard to find, ballooning used vehicle prices.Up 12% in L.A.-O.C. and 14% in the Inland Empire.
– up 17% in three years vs. 11% in pre-pandemic 2017-2019, according to the federal Employment Cost Index. Yes, inflation’s gobbled up most, if not all, of those salary gains. On the flip side, plentiful jobs and boosted wages are also fueling inflation – both as a cost to sellers of goods and services as well as providing cash for shoppers to pay up.Related Articles
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