So Money with Farnoosh Torabi · Friday, September 18, 2026
The cost of everyday goods and services has risen approximately 30% since 2019, according to Ted Rossman of Money Management International. This increase outpaces the rise in many people's incomes, contributing to financial stress.
“Ted Rossman of Money Management International recently pointed out that on average, the things consumers buy cost roughly 30% more than they did in 2019. So the cost of living has gone up 30%.”
“How much has your income gone up? I'm going to guess for a lot of people, not 30%. And that gap is where this financial stress lives.”