Power bills are America’s #2 biggest financial stressor—right behind rent 

When it comes to household financial stress, it’s no surprise that rent or mortgage payments top the list. But what may surprise you is that in a recent survey conducted by Arbor, electricity costs ranked as the second-most stressful household expense, outpacing credit card debt, car payments, and even insurance. In fact, for 62.8% of Americans in the southern U.S., power bills are a major source of financial stress. This is just behind rent/mortgage payments, but it far surpasses other common expenses. 

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‘Rent will become more than salary…’: Techie sheds light on Bengaluru’s brutal housing math as pay hikes shrink 

In Bengaluru’s tech corridors, a troubling equation is emerging: rent hikes are outpacing salary raises, and the math isn’t adding up for residents. Despite modest pay bumps, professionals are watching their living costs climb faster — sometimes to the point where annual rent nearly mirrors their yearly income. What was once a safe financial gap is closing fast, leaving many wondering how long they can afford to stay in the city they work in. 

Read more: https://tinyurl.com/yeykmjfr