> I got about a 4.5% value cut this year.

I have not done the math, but I would not be surprised to see this is true for me. Certainly feels like it.

I do not hate my current job, and I loathe interviewing, but I feel like I will need to jump soon just so I can push the reset button and get my compensation to keep up with inflation lately.

I got a ~50% raise last year by changing jobs and switching to 1099. This year I did not get a raise, contract just renewed as is. So I got a 50% raise to start the year and after inflation took a 10% cut at the end of the year. I like the job but I think I have maxed the salary there so going to have to find a new one at the end of this year. Pretty unfortunate but I can't eat a pay cut every year. I have a feeling most software engineers are in a similar situation where the market is good, why take a cut or only 3% raise during out of control inflation when we can jump and get a 20% raise.

10% cut? Wasn't inflation about 6.2%?

It’s always weird applying inflation to an individual.

Some things changing hit some people more than others. For example, high fuel prices would hit those very dependant on fuel.

They might be referring to inflation in their specific area or in their specific budget. I don’t think you can apply average national or global inflation rates to an individual in a specific location.

That's why I'm asking how it was 10%

Inflation was 7%. Most of my diet is meat which is up ~20%. Also if you want to do some home improvement like put in a pool, that's up 20 - 25%.

Interesting. I wouldn't have thought that would comprise enough of one's budget to have such a big effect. Thanks

It is possible I am off by a percentage point or so, my estimate is not scientific :)

Official inflation numbers are super dishonest in my opinion.

I 100% agree with this. I go to the grocery store on average twice a week. My bill was generally $100. Now my bill is ~$180. I know this is anecdotal and I buy a lot of meat which is definitely up but it seems like everything has come close to doubling.

Fuel prices are high. Housing is high. Food is high. Car prices are high. Education expenses are high. Healthcare expenses are high. Literally everything we spend most of our money on is outrageously expensive.

I suck at life, but my comments are pertinent to the topics and vary by the specifics of the article/thread.