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Addressing the Affordability Crisis Public Comment from the Urban InstituteFrom:Maia Berlow To:Kalispell Meetings Public Comment Subject:EXTERNAL Update: Addressing the Affordability Crisis Date:Thursday, April 2, 2026 1:24:46 PM Good afternoon, I wanted to share the latest update to the Urban Institute’s American Affordability Tracker, that provides timely cost of living data at the state, national, and congressional district levels. The dashboard tracks trends across key areas such as child care, gas, groceries, rent, health insurance, and home sales, and now includes updated data and a new metric: electricity cost. The tracker shares insights into how high costs of living are outpacing earnings and affecting families nationwide. The tool also features an accompanying solutions brief with new strategies big and small that policymakers at all levels of government can use to reduce costs for families. If you would like to connect with our experts as you pursue this work in your community, please do not hesitate to reach out, we’d be happy to partner with you. Key takeaways include: Nearly half of people in American families cannot afford the true cost of living. Urban research finds 49 percent of people in American families don’t have the resources to cover essential expenses to live securely in their community. The cost of essential goods and services is rising faster than earnings. Since 2017, average earnings have grown about 43 percent nationwide. Over the same period, home sale prices have increased 81 percent and rents 54 percent. The lowest-cost Silver health plan on the Affordable Care Act Marketplace has risen 77 percent, and child care costs have grown faster than earnings. Rising everyday expenses, including energy and transportation, are adding new pressures on households. Residential electricity costs have increased faster than earnings across much of the country, leaving customers paying about $40 more in December 2025 on average than they did in December 2017. Gas prices have also risen sharply, with the national average growing by a dollar per gallon since early February. All my best, Maia -- Maia Berlow Associate Director of State and Local Government Affairs 240-418-5014 U R B A N I N S T I T U T E www.urban.orgnd