Since the start of the century, prices for hospital services in the US have shot up by 256%. College tuition and fees, along with textbooks, have also seen significant increases of 188% and 158%, respectively. Childcare or nursery school costs and medical care services have climbed by 139% and 136%. In contrast, the prices of TVs, toys, and computer software have plummeted by 98% and 74%.
For context, average hourly wages have risen by 119% since 2000, which means wage growth is lagging behind the price hikes of many essential items.
submitted by /u/XGramatik
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