Inflation And High Cost Of Living Resulting In Cutbacks

The online global payments company www.WorldRemit.com has announced the results of its third Cost of Living Index. Key findings from Connecticut and other states include the fact that 55% go out to eat less and try and cook more at home; 20% have to choose between paying the bills and buying food; 13% had to postpone medical treatment; 72% have seen their transit or commuting expense increase; 77% have seen utility costs increase; and 68% say that housing costs have increased… all just since 2022.