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Middle-income Americans pessimistic about their financial future amid persistent inflation, analysis shows

Rising costs for essentials have increased financial stress and pessimism among middle-income households, with only 21% expecting to be better off financially next year, Primerica found.

  • A report by Primerica found that in the third quarter of 2025, only 21% of middle-income Americans believe they'll be better off financially in the next year, while 34% believe they'll be worse off and 33% expect their situation to remain the same.
  • The report noted that the share of middle-income households rating their personal finances as 'poor' or 'not so good' has risen from 32.2% in the first quarter of 2021 to a peak of 55% in the third quarter of 2024.
  • Data from Primerica's Household Budget Index showed that costs for necessities like food, gas and utilities are outpacing the income growth of middle-income households, as the cost of necessities is up 32.7% since January 2021, while middle-income wages rose 23.5% over that period.
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Real Clear Politics broke the news in Chicago, United States on Friday, November 21, 2025.
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