Nobody seems to have factored in the annual increase in tax allowances etc which effectively gives you a small pay rise as well.
Inflation in September was 1.2% by the way, perhaps Herthab is more on point by using the term ‘cost of living’.
I always measure economic well being in beer tokens....so it goes something like this. Can I afford to go out say 4 or 5 nights a week, and drink about 4 or 5 pints? If yes, then all good, if no then
The tax allowance thing would approximate to a pint a week, if not taken up by the rise in other bills.