Indeed, just as inflation only affects what is personally inflated in what you pay for. I locked our rent in for an additional 2 years, so we had no rent inflation these last 3 years. Moving in November from this house to a condo, going from 1995 to 1600. We don't use the finished basement of this rental house except for junk. The condo we are getting is about the same size as the main floor of the house. Has 24/7 doorman, closer to work with more transportation options for both of us via mass transit. Also will reduce utilities since we will only have one wall exposed to the weather.

Buying a lot of buy one get one free at Publix, our transportation is ultra cheap. Wife works at the hospital with free use of bus or hospital shuttle. I pay 33 bucks a month for the bus and subsidize with the occasional Uber ride, keeping under 100 in the winter and 50 in the summer. So inflation isn't much of an impact compared to most people.