By Matthew Holloway |

A new report from the Common Sense Institute Arizona (CSI) titled the "Inflation Misery Index" was released last week. The report illustrates how unsustainably expensive it has become to live and raise a family in Arizona due to ballooning inflation under the Biden-Harris Administration. The report also breaks down the cost of living increase that has battered Arizona families since 2019 and demonstrates irrefutably that the cost of maintaining the same standard of living has risen 24% since before COVID.

In a press release from CSI, Zachary Milne, Senior Economist and Research Analyst explained, "The prolonged period of high inflation has taken a serious toll on the financial stability of Arizona's households. Our findings highlight not only the immediate increase in costs for essential goods and services but also the long-term decline in purchasing power. As inflation continues to outpace income growth, many Arizonans are facing tough financial choices to maintain their standard of living."