The living cost that has risen by 17% in the past year as a result of home prices rising is Rent.
How have prices changed?
As the nation rebounds from the pandemic and is on a strong spending spree, home prices and construction costs have risen by more than 19%.
The result of this is that rent has increased by 17% in the past year as homeowners seek to recoup the cost of home construction.
In conclusion, the living cost of rent has risen by 17%.
Find out more on rising prices at https://brainly.com/question/17978107.
