While the U.S. economy looks strong in many ways—with low unemployment levels, easing inflation, and a robust stock market—many Americans continue to feel the squeeze of high costs. The inflation rate has come down from its peak in mid-2022, but the effects of several years of record price increases still linger, leaving households struggling to make ends meet.
One of the most pressing financial challenges for many is the cost of housing. According to Zillow data, median rents are approximately 35% higher today than they were before the pandemic.
According to the latest figures, rent prices in the Sequatchie Valley are up 14 percent.
