Three years of inflation

Sale price increases in Ontario, Canada:
January 2020 --> August 2021 --> March 2022

Eggs (12): $2 --> $2.8 --> $3
Milk (4L): $4 --> $4.7 --> $5.3
Butter (1lb): $3 --> $3.5 --> $4.3
Coke (6 x 710ml): $2 --> $2.8 --> $3.3
Potatoes (10 lbs): $2 --> $4 --> $5
TV dinner (300g): $2 --> $3 --> $3.5
Peanut butter (1kg): $3 --> $4.5 -->$5
Chicken legs (1 lb): $1.5 --> $2.5 --> $3
Lean ground beef (1 lb): $3 --> $5 --> $5.5
Prime rib roast (1 lb): $5 --> $7 --> $9

At current inflation rates, workers lost 1 month of income. But we still have to pay income taxes on that month. So it’s more like one and a half months of income gone.

— Cernovich (@Cernovich) March 14, 2022

When one looks at real estate, food, and oil costs from the beginning of 2020 to the predictable end of 2022, in three years, the inflation rate will be roughly 50%.

For someone struggling with an annual income of $30,000, that's a $10,000 pay cut!