Interview: Cost of Life Necessities Going Up


No, it isn’t just your imagination. You are paying more for life’s necessities, including shelter, clothing, food and gasoline. And many of the price increases are startling.

Rather than relying on anecdotal information, a researcher at Texas A&M University has studied the real costs of living in 2014 and put numbers to it.

ABC’s Jim Ryan in Dallas/Ft. Worth tells us what that scientist has come up with.

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