Affordability Still a Top Concern for Americans

FILE PHOTO: A shopper checks her shopping list in a supermarket in London, Britain April 11, 2017.  REUTERS/Neil Hall/File Photo
Neil Hall

As gas prices continue to climb, new survey data from Gallup shows that inflation and high prices remain top concerns for American consumers. 

Responding to an open-ended question about the most important financial problems facing their families, 31% of respondents named inflation and the high cost of living. Another 13% cited oil and gas prices, and an equal percentage said housing costs. Healthcare, cited by 8%, rounded out the list of the top four financial concerns. 

Other financial issues received less attention. Just 6% named taxes as their main concern, with the state of the economy (2%), interest rates (2%) and Social Security (1%) also being mentioned by some respondents. 

Worries about affordability continue to weigh on Americans’ assessments of their current financial situations. A bit less than half (46%) of respondents said their situation is excellent or good, while about a third (35%) said it is fair and 19% said it is poor — the highest reading since 2011. A majority (55%) said their financial situation is getting worse — the highest percentage recorded in data going back to 2001. 

“Americans’ financial outlook in 2026 is ... historically poor,” Gallup said. “While similar to last year’s 53%, this is up from 47% in 2024 and marks the fifth consecutive year more Americans say their finances are worsening rather than improving.” 

The Gallup survey of 1,001 U.S. adults was conducted April 1-15,2026, with a margin of error of plus or minus 4 percentage points. 

Top Financial Problems chart
Gallup