I think it's a 2 part answer Pete.
I'm on minimum wage, but that hasn't risen by those sort of %'s
I'm paying a tad less tax now.
That still doesn't rise my income to the rise of % in daily costs.
Next year we are going abroad again, we work and save for that pleasure. We've had to downgrade slightly. We can't afford to be as lavish as in the past. We simply can't afford it.