‘We want to buy, but we can’t’: Families struggling with rising cost of living

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‘We want to buy, but we can’t’: Families struggling with rising cost of living
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Jacksonville is getting more and more expensive.

“We’re renting right now. We want to buy, but we can’t right now.”Five years ago, the average rent in Jacksonville for a one-bedroom was about $791 a month. Now it sits at $1,453.

The Bureau of Labor Statistics reported wages went up 4.5% last year. But reported inflation went up 8.5% for the same period. A single person in Jacksonville can expect their average cost of living to reach about $2,291.62 per month. That is about $27,499.44 a year. Jonny Gebert is a local father. He says he has worked even more to make up for the sudden tightening of budgets.

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