Report: Arizona Households Paying Nearly $10K More a Year Due to Inflation

Family Broker

The Common Sense Institute’s “Inflation Misery Index” said that inflation continues to have a stinging impact on Arizonans’ wallets.

According to the report, Arizonans spend $9,996 more each year compared to 2019. When adjusted for the usually expected 2% inflation yearly, it’s still a $6,276 difference. The report adds that 24% of the average Grand Canyon State’s household income was eaten up by inflation, or roughly $25,000.

Read the full story

Report: Arizona Homelessness Spending near $1 Billion, Mostly on Housing

A new report from the Common Sense Institute of Arizona determines that spending on homelessness in the Grand Canyon State is roughly $1 billion.

The think tank analyzed data from both the public and private sectors to see how much was going toward the issue, and the vast majority of the spending, $678-807 million, was directed toward Maricopa County in recent years.

Read the full story