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Data from Pew Research Center shows the percentage of middle-class Americans has been decreasing over the past few decades.
What are some key reasons the middle class could financially struggle in 2025?
GOBankingRates spoke withfinancial experts to find out.
This gap erodes purchasing power, forcing families to stretch their budgets for essentials likefood, gas and utilities.
This will remain a critical challenge for many middle-class folks in 2025.
Healthcare Expenses
Among theheaviest financial burdensthe middle class bear is healthcare.
The costs just keep going up.
And it doesnt yet look like theyll be tamed in 2025.
This move is bringing back steep commuting costs along with child care costs for many middle-class folks.
The shift back to in-office work has introduced additional costs for middle-class families, Nosenko said.
These expenses really add up.
As technology becomes essential foreducation, work and entertainment, families spend more on digital services, Nosenko said.
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