LendingTree survey finds nearly 34% of U.S. households struggle to buy food and medicine because of high utility bills - KTIV Siouxland's News Channel

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(KTIV) Inflation has deed astir each facet of Americans’ lives, from market bills to lodging costs. Energy costs are nary exception. As inferior rates emergence crossed the U.S., consumers conflict to spend those bills.

A caller LendingTree survey on late measure payments found that consumers conflict to spend their inferior expenses the 2nd astir (behind rent and mortgage). Now, we analyse U.S. Census Bureau Household Pulse Survey information to find the percent of consumers sacrificing necessities similar nutrient and medicine to wage for their vigor costs. Here’s what we found.

Topping the database is Texas wherever astir 45% percent of households conflict to wage vigor bills without sacrificing nutrient and medicine. Nebraska ranked 35th, 30%, South Dakota ranked 37th astatine 29% and Iowa ranked 43rd astatine 27%. Washington D.C. ranked 51st astatine 20%.

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Key findings

  • More than one-third (33.9%) of U.S. households accidental they reduced oregon skipped basal expenses, specified arsenic medicine oregon food, to wage an vigor measure successful the past 12 months. Nearly one-quarter (23.1%) of U.S. households study being incapable to wage astatine slightest portion of their vigor measure successful the past year.
  • Texas (44.8%) has the highest complaint of households that accidental they reduced oregon skipped expenses to wage their vigor bill. They are joined by chap Southern states Mississippi (42.9%) and West Virginia (41.7%). In contrast, 20.3% of households successful the District of Columbia accidental they reduced oregon skipped expenses to wage their vigor bill, followed by Vermont (24.4%) and Delaware (24.6%).
  • West Virginia is the lone authorities wherever astatine slightest 3 successful 10 households accidental they couldn’t wage astatine slightest portion of their vigor measure successful the past year. 30.2% study this successful West Virginia. The District of Columbia is astatine the bottommost astatine astir fractional that complaint (15.2%).
  • Black households are astir apt to study being incapable to wage astatine slightest portion of their vigor bill. This is cited by 40.0% of Black households, versus 35.9% of Latino households, 17.7% of achromatic households and 12.1% of Asian households.

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