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16 results for “cost of living”
...a third of living costs. And so food used to cost 10,000. You would multiply it by three and say, well, the total cost of living is 33,000. That's the poverty line. And then what the government did was they created a whole bunch of staircase incentiv
52:30 / 53:30
from transcript52:30 – 53:30
...of living is the cost of housing. Yes. Actually, it's kinda funny. Everyone has their own personal benchmarks for inflation, and mine is probably the cost of mayonnaise because I've been tracking that for a long time. Not because I eat that much of i
2:14 / 3:16
from transcript2:14 – 3:16
...of living costs. And so food used to cost 10,000. You would multiply it by three and say, well, the total cost of living is 33,000. That's the poverty line. And then what the government did was they created a whole bunch of staircase incentives
51:45 / 52:46
from transcript51:45 – 52:46
...of living is the cost of housing. Yes. Actually, it's kinda funny. Everyone has their own personal benchmarks for inflation, and mine is probably the cost of mayonnaise because I've been tracking that for a long time.
1:29 / 2:32
from transcript1:29 – 2:32
I was making 40 to 60,000 a year while I was in college doing IT. It's a big salary for back then but my apartment for Heberg in Brooklyn was 500 a month. I lived in an apartment, an addict apartment. And so if you were to take two people like that i
30:01 / 31:01
from transcript30:01 – 31:01
...You have people living in coastal cities where you're not allowed to build units and rent is incredibly expensive and you make the same amount of money. If you look at when I grew up in Brooklyn and, I went to school that night, I took five years to
29:15 / 30:23
from transcript29:15 – 30:23
...a very high cost of living precisely because all this stuff needs to be imported and often sent on to really remote locations within the state. And even if you're not necessarily importing foreign goods, tariffs can still push up the price of what's
26:30 / 28:10
from transcript26:30 – 28:10
...cost of a cup of coffee and a tip, and my once reliably cheap breakfast just ran me $7. It's not just my beloved breakfast cart. Bloomberg actually tracks the price of the key ingredients in a bacon, egg, and cheese, plus a cup of coffee, on a specia
2:13 / 3:15
from transcript2:13 – 3:15
...cost has gone up by over 60% in the last couple of years versus close to 30% for renters. So both have it bad. It's just one one has a much steeper curve. So what we're seeing is a lot of folks could not afford to buy their own home again at today's
12:00 / 13:01
from transcript12:00 – 13:01
...costs more in Alaska. Why? Well, you have to import a lot of the things that we take for granted, you know, whether it's health care products or things that you can use for your buildings or simple groceries and shoes and other things. Now we import
9:43 / 10:46
from transcript9:43 – 10:46
...of homes. Fast forward to now, instead of a 2% interest rate, I think our rate that we publish for first time home buyers on our website checked it this morning at 6.2%. So a couple of years ago, things were much cheaper. Same thing for renters, chea
11:10 / 12:17
from transcript11:10 – 12:17
...costs that if you only take that alone, really drive up the prices. That's already a higher price level, and then you add to it a higher inflation rate. Well, then the pain that anyone might feel in the lower 48, that's just magnified in Alaska. You
10:20 / 11:33
from transcript10:20 – 11:33
...to The cost of living is dramatic. Of living. Yeah. Yeah. But it is interesting that you have states now that are three x the the federal. Federal seven and change, I think, still. Yeah. Which is crazy. Which is crazy. But I guess if you were living
17:14 / 18:18
from transcript17:14 – 18:18
...to cost that much five years ago. In March 2019, the commodities that make up an average BEC plus a coffee cost almost a dollar 90. If you adjusted for inflation, that means the meal should cost nearly $2.40 today. But as of March 2025, it topped $3.
3:00 / 4:01
from transcript3:00 – 4:01
...cost of auto financing going up through the roof, and then various other costs also went up substantially. And so it's not that higher income people were immune from this. Right? Also, as an economist, a lot of people always talk about, hey. When inf
31:26 / 32:31
from transcript31:26 – 32:31
...of doing it in, you know, Texas or Florida might be $500 a square foot.
12:00 / 13:02
from transcript12:00 – 13:02
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