How Inflation, Interest Rates, & Debt Affect Everyday Life

Understand how financial systems shape the cost of living and long-term national stability.

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9.1%

U.S. inflation peaked in June 2022, the highest in over 40 years. This sharp rise in prices affected everything from groceries to gas, hitting lower- and middle-income households hardest.

$34+ trillion

The current U.S. national debt as of 2025. High debt levels can increase interest rates, impact inflation, and limit future federal spending.

4.5%

Average credit card interest rate increase between 2022–2024. Rising rates mean families pay more in interest and save less overall.

63%

Percentage of Americans living paycheck to paycheck in 2024. Inflation and stagnant wages are leaving many households without financial cushion.

Stay Informed About Inflation and Federal Spending
Track real-time data on prices, wages, and government policy to understand how inflation impacts your daily life.
View the Current U.S. Inflation Rate on USAFacts
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