Following two years in lockdown it is unsurprising to see the world in the midst of a cost of living crisis. The two main contributors for this phenomenon are the supply chain shortages brought on the COVID enforced lockdowns and the sanctions on Russian oil imports.
This has meant Americans across the United States are now paying more for everything ranging from groceries, to rent, to utilities. With winter fast approaching, the worst might be yet to come with several Americans, especially those from low income households struggling to make ends meet.
Fortunately, there are several welfare schemes in place to help ease the financial burden on those who are most at risk.
In total there are six major welfare programs American residents can take advantage during trying times. These are Housing assistance, Medicaid, Supplemental Nutrition Assistance Programs (SNAP), Supplemental Security Income and Temporary Assistance for Needy Families (TANF) and finally Earned Income Tax Credit.
How much each benefit is worth varies by state and your personal situation, though a rough average estimate can be derived based on the data logged by those who claim these benefits.
So how much are each of these benefits worth?
Housing Assistance
The two main initiatives under this program are the Housing Choice Vouchers, which are designed to help low income residents find housing in the private sector and the Public Housing Program.
In 2019, the average cost of renting a home with utilities…