Inflation has been in the news and dominates voter concerns this election cycle, but just how much has inflation cost Georgia voters?
Recently published analysis from the Joint Economic Committee (JEC) Report shows life for the average Georgian has cost an extra $29,580 since January 2021. More specifically 54% of Georgians are now classified as cost burdened by housing expenses and 39% of Georgia adults reported difficulty paying expenses. Black Georgian residents are the most impacted.
The JEC report shows a four-year increase in housing costs of over $6,000 for Georgia families, with additional increased energy costs over $106 per month, and a $127 per month increase in grocery prices.
The average household in Georgia is spending over $1,000 per month more to get the same goods and services they were in 2021, the report said.
Cumulative inflation has hit Georgia hard at 22%. This is 1.5% higher than the national average.
“While progressive democrats gaslight Americans into believing that Bidenomics is working, Americans are still paying more for gas, groceries, and rent due to soaring inflation,” said one Georgia Congressman.
“At this rate, the only thing growing faster than my grocery bill is my disappointment,” said another.