Majority of Middle-Income Americans Say Income Insufficient for Living Costs, Survey Finds
A survey by Primerica reveals that 71% of middle-income Americans report their income is insufficient to cover the rising cost of living, leading many to cut back on savings, delay medical care, and struggle with budget flexibility.
Denver, CO, July 22, 2026 —
A recent survey conducted by Primerica indicates that a significant majority of middle-income Americans are finding their earnings inadequate to meet the escalating costs associated with daily living. The study found that 71% of this demographic report insufficient income to cover their expenses.
This financial strain is prompting widespread adjustments in household spending and financial planning. According to the survey, many individuals are consequently being forced to reduce their savings contributions. In addition to cutting back on savings, the findings suggest that a portion of middle-income Americans are delaying necessary medical care, potentially impacting their health and well-being.
The survey also highlights a notable decrease in budget flexibility among those surveyed. The inability to cover rising costs means less room for unexpected expenses or discretionary spending, creating a more precarious financial situation for many households.
The report does not specify the exact methodology used to define “middle-income” or the precise timeframe of the survey. Furthermore, details regarding the number of participants and the specific regions surveyed were not provided in the summary of the findings.
Primerica is a financial services marketing organization. The implications of these findings point to a broad economic challenge affecting a large segment of the American population, characterized by income not keeping pace with the increasing cost of essential goods and services.
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