US inflation means families are spending $709 more per month than two years ago https://www.yahoo.com/finance/news/us-inflation-means-families-spending-152538845.html Matt Egan, CNN Fri, August 11, 2023 at 8:25 AM PDT US inflation has had a snowballing effect on family budgets. The typical American household spent $709 more in July than they did two years ago to buy the same goods and services, according to Moody’s Analytics.