This is a very minor story which irks me greatly.
So let’s do the math on this. The current annual inflation rate is 2.8%, so the monthly inflation rate is 2.8/12 = 0.2333… %. Let’s just make it simple and round up to 0.24 % = 0.0024. So what must one’s monthly income be, for this inflation rate to add an extra $1000 in costs? Call this amount M. Then it follows that $1000 = M x 0.0024, so that M = $1000/0.0024 = $416,667. This gives a yearly income of 12 x 416,667 = $5,000,004. Maybe Jordan is talking about the annual impact, and not the monthly impact? Even a yearly income of $416 K is pretty huge and certainly atypical. So Jordan is either innumerate, or is fine with playing fast & loose with the truth.