Families across the United States are struggling with the higher cost of living. Recent surveys show that 66% of American adults are very concerned about the cost of food and consumer goods, and 62% say the same about housing costs. Nearly nine in ten Americans reported feeling financial stress at the start of 2026.
Since taking office, President Donald Trump has imposed the highest tariffs on American families since the Great Depression, and the average tariff rate is now 10.5%. Companies that import products from our trading partners pay these tariffs and pass on the costs to consumers. The result has been higher prices on a vast array of goods and services, including everyday expenses like clothing, groceries, and personal care products, as well as big-ticket items like vehicles, consumer electronics, and furniture.
Co-Equal has developed estimates for each congressional district of the impact of tariffs on household budgets. In the average congressional district, the average household will spend an extra $940 annually as a result of the tariffs in effect on March 9, 2026.
Note: estimates were released on March 16, 2026.
