1447: The True Cost of Living for Middle and Lower Income Americans
So Money with Farnoosh Torabi · Farnoosh Torabi
December 12, 202229m 8s
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Show Notes
What is the True Living Cost in America? How do the CPI - Consumer Price Index - and Unemployment Rate fall short of measuring our economic realities? Guest Gene Ludwig is a former Comptroller of the Currency and now chairman of the <a href="https://www.lisep.org/">Ludwig Institute for Shared Economic Prosperity</a>. LISEP provides a more accurate picture of the economic reality for families through the creation of a cost of living metric called TLC, or <a href="https://www.lisep.org/news">TRUE LIVING COST</a>, which factors in housing, food, transportation, healthcare, childcare, technology and other miscellaneous. For more related content in our "Priced Out" series on CNET Money, <a href="https://www.cnet.com/priced-out/">click here</a>.
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