Household Expenses Outpace Income Growth
New data from Navicore indicates a persistent strain on household finances, with essential costs rising faster than wages. The report found that housing and living expenses increased by 6% in 2025, while average income grew by only 3%. This widening gap underscores a growing affordability challenge for renters.
- The financial strain extends beyond the income gap, as total U.S. household debt reached $18.8 trillion in the fourth quarter of 2025, with credit card delinquency rates climbing to their highest levels in nearly a decade. - Inflation across specific categories in 2025 shows sharp increases
