Cost of living: 'My wage is the same but prices are up'
Wages are at their lowest level since 2006 when inflation is taken in to account, according to the Resolution Foundation.
It comes as the inflation rate rises to 3%, the highest it's been since 2012. In comparison, the average wage rose by 2.1% in the past year.
But are people really feeling the pinch? BBC News asked people in Milton Keynes and Ipswich what they thought.
22 Oct 2017