Question

What type of living cost in the u. S. Rose a record 17 percent over the last year, as home prices and construction costs surged more than 19 percent?.

Answer 1

The living cost that has risen by 17% in the past year as a result of home prices rising is Rent.

How have prices changed?

As the nation rebounds from the pandemic and is on a strong spending spree, home prices and construction costs have risen by more than 19%.

The result of this is that rent has increased by 17% in the past year as homeowners seek to recoup the cost of home construction.

In conclusion, the living cost of rent has risen by 17%.

Find out more on rising prices at brainly.com/question/17978107.