I recently read of an alternate measure of inflation called the "Cost of Thriving Index" which aimed to capture the astute point you're making. See page 18 of t

I recently read of an alternate measure of inflation called the "Cost of Thriving Index" which aimed to capture the astute point you're making. See page 18 of this document: https://media4.manhattan-institute.org/sites/default/files/the-cost-of-thriving-index-OC.pdf https://media4.manhattan-institute.org/sites/default/files/t... I'm not economist but I've found this captures the feeling that although we're more productive and wealthier, it still feels harder to get ahead and live an average life.