Americans getting priced out of everyday life
Rising costs for travel, gas, and entertainment are squeezing middle-class Americans, and the pain is showing up in things people used to take for granted.
- A domestic flight that once cost $450 to $500 now runs closer to $900 with nothing extra added.
- Gas in California is above $6 a gallon and diesel is even higher.
- Going to a concert, a game, or just out for the night has become a luxury for many families.
- With outings priced out of reach, people are staying home — which is why streaming, video games, and at-home entertainment look like the stronger investment bets.
Outlook: If prices stay this high, expect more spending to shift from going out to staying in, helping companies like Netflix at the expense of travel and live events.