Find local mortgage, financial or insurance advisers
You are here: cherryFind > Blog > Cost of Living: Effect on the Nation’s Mental Health
Back

Cost of Living: Effect on the Nation’s Mental Health

Over the past year, fuel and energy prices have soared taking huge bites out of our pockets, on top of increased rents and food prices. The financial squeeze has been felt by everyone in the UK.

Everywhere you look, you’re reminded of the cost of living crisis. The news, social media, and your personal bank balance offer stark reminders of the current reality.

People are reducing car journeys and taking up cycling, there are those cutting out yearly holidays and in the most challenging of circumstances, people have to choose between heating the house and food items.

It’s only natural that this type of environment is having a serious impact on stress levels. For some, it’s exacerbating mental health illnesses, addictions, and physical ailments.

The crisis is placing strain on family dynamics and relationships as family members are forced into working more hours to cover bills.

Our infographic outlines how the cost of living crisis is impacting particular groups’ mental health. We highlight people of working age, those who are retired, those with disabilities, and those with dependent children to name a few.

We’re living at a time where the cost of living has increased more in 2022 than it has in the past 40 years. That’s a huge amount.

We designed an infographic to illustrate the impact the cost of living crisis is having on the nation’s mental health:

Cost of Living: Effect on the Nation’s Mental Health

Article published by Rehab Recovery

Published: 17 January 2023