I think you completely missed my original point to begin with.
People can still afford cost of living, the American economy just chuggling along despite criticism is proof of that. The question is whether people are happy about spending the money they need to spend, the answer to which is a resounding NO as evidenced by the chief motivator behind Trump's victory.
Cost of living is still affordable (there is no "affordability crisis"), but it's too high for anyone to be happy with (there is an "unhappiness crisis").
Also, the people complained loudly and clearly that price of gas and eggs are their chief concerns. Housing is also expensive, but housing is usually a one-time lump and/or a fixed ongoing expense compared to food and gas which are ongoing small and variable expenses that quickly add up.