New data from the Senate Joint Economic Committee lays out exactly how much Trump’s failures are costing working families, and the numbers are damning. Because of Trump’s inflation, the average American household has paid $2,300 more for goods and services, including $477 more for housing and $368 more in transportation costs. On top of that, Trump’s war of choice in Iran has sent gas prices skyrocketing more than 37 percent since February 28th, costing American families a combined $16 billion more at the pump. It now costs almost $150 just to fill up an F-150, America’s most popular car. Trump promised to end inflation and get gas under $2 a gallon. Instead, he started a war, blew up prices, and told Americans “if they rise, they rise.”
BY THE NUMBERS
- Under Trump, the average American household has paid $2,357 in higher costs since January 2025.
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- Six states have paid over $3,000 in average higher costs under Trump: Alaska, California, Hawai’i, Massachusetts, New Jersey, and New York.
- Under Trump, the average American household paid $477 more for housing expenses, including rent and mortgage payments, over the past 15 months.
- Under Trump, the average American household paid $368 more for transportation costs over the past 15 months.
- Working families now have to spend 37 percent more at the pump to fill their tanks than they did on February 28th thanks to Trump’s war on Iran, which translates to:
- $146.74 to fill up a pickup truck – nearly $40 more than on Feb. 28
- $59.10 to fill up an SUV – nearly $16 more than on Feb. 28
- $52.99 to fill up a sedan – over $14 more than on Feb. 28
- American households have paid a total of $16 billion more for gasoline so far compared to prices before Trump’s war on Iran.
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- Families in Texas, California, and Florida alone have spent an additional $4.9 billion for gasoline.
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