Younger generations are getting their taste of an inflationary environment, and so far, when it comes to the cost of services, it's not as sour as it is to those who are older.
Those who signed new leases in December found their cost of goods and services increased 5.6% and 6.1%, respectively, compared with a 6.5% for typical Americans.
This also marks the first time since the start of 2021 that Gen Zers overall have a lower personal inflation rate than the U.S. population, according to a recent report from real estate brokerage Redfin.
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