What is the real cost of inflation? this is complex.

Gas, groceries and housing. The three areas where Americans spend the most are significantly more expensive than they were a year ago.

Inflation at its highest level in more than four decades After rising to 9.1% in June, which means that most Americans are experiencing the first serious, sustained increase in the cost of living for their adult lives. It is eating into a sense of paycheck, savings and stability.