Nearly 60% of Americans are Struggling with Inflation

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 are having a difficult time paying for their usual household expenses and 15% are having a "very difficult" time making 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 by 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

Key Findings:

• 60% of people are having a difficult or "very difficult" time meeting expenses
• 85% increase in the number of people having a "very difficult" time
• Oklahoma, West Virginia dnd Mississippi have the most people who are struggling
• Missouri, Florida and Arkansas have had the largest increase in people who struggling

QuoteWizard used the latest census data to find out how inflation is impacting each state. The report found that 40% of people are having "no difficulty" meeting their usual household expenses. That's down from 50% in June of 2021.

About QuoteWizard
QuoteWizard (quotewizard.com) is an insurance comparison marketplace for consumers looking to save on insurance. QuoteWizard provides consumers with direct access to thousands of qualified agents in all 50 states, as well as major carriers, who offer personalized quotes and the opportunity to save up to 40% on auto, home, health, and life insurance. Agents and carriers, in turn, benefit from millions of highly qualified leads, calls, and traffic to their site. Based in Seattle, QuoteWizard 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]
Press Inbox: [email protected]

SOURCE QuoteWizard

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