Wage growth vs. inflation in 2021, by income group

Higher costs were triple the annual wage growth among the lowest-income households. The highest earners still came out ahead.

Note: Estimates include working households only (those with wage or salary earnings). Data represent change for the median worker. Household income in 2020. Source: Penn Wharton Budget Model calculations from Current Population Survey, Consumer Expenditure Survey, Bureau of Labor Statistics, Bureau of Economic Analysis
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