The cost of living is spiraling. Prices are going up, household expenses are rising, and the U.S. inflation rate reached a 40-year record high in 2023. Many consumers are looking for new ways to deal with this situation and refer to social media for support. So, which social media platforms have the most helpful content to deal with the current cost of living crisis in the U.S.? According to an exclusive survey by We Are Social and Statista Q, around 61 percent of TikTok users in the United States find helpful content there. Coming on number second is YouTube, as 56 percent of YouTube users find life hacks, tricks, money saving tips and other suitable advice to deal with inflation in 2023.
Top 10 most relevant social networks for helpful information concerning the cost of living crisis in the U.S. 2023
Profit from the additional features of your individual account
Currently, you are using a shared account. To use individual functions (e.g., mark statistics as favourites, set
statistic alerts) please log in with your personal account.
If you are an admin, please authenticate by logging in again.
Learn more about how Statista can support your business.
Statista Consumer Insights. (May 17, 2023). Top 10 most relevant social networks for helpful information concerning the cost of living crisis in the U.S. 2023 [Graph]. In Statista. Retrieved December 21, 2024, from https://www.statista.com/statistics/1381959/most-relevant-social-networks-for-cost-of-living-crisis-in-the-us/
Statista Consumer Insights. "Top 10 most relevant social networks for helpful information concerning the cost of living crisis in the U.S. 2023." Chart. May 17, 2023. Statista. Accessed December 21, 2024. https://www.statista.com/statistics/1381959/most-relevant-social-networks-for-cost-of-living-crisis-in-the-us/
Statista Consumer Insights. (2023). Top 10 most relevant social networks for helpful information concerning the cost of living crisis in the U.S. 2023. Statista. Statista Inc.. Accessed: December 21, 2024. https://www.statista.com/statistics/1381959/most-relevant-social-networks-for-cost-of-living-crisis-in-the-us/
Statista Consumer Insights. "Top 10 Most Relevant Social Networks for Helpful Information concerning The Cost of Living Crisis in The U.S. 2023." Statista, Statista Inc., 17 May 2023, https://www.statista.com/statistics/1381959/most-relevant-social-networks-for-cost-of-living-crisis-in-the-us/
Statista Consumer Insights, Top 10 most relevant social networks for helpful information concerning the cost of living crisis in the U.S. 2023 Statista, https://www.statista.com/statistics/1381959/most-relevant-social-networks-for-cost-of-living-crisis-in-the-us/ (last visited December 21, 2024)
Top 10 most relevant social networks for helpful information concerning the cost of living crisis in the U.S. 2023 [Graph], Statista Consumer Insights, May 17, 2023. [Online]. Available: https://www.statista.com/statistics/1381959/most-relevant-social-networks-for-cost-of-living-crisis-in-the-us/
