This study assesses the extent to which inflation has affected the economic welfare of people in Kosovo. Through the collection of 1,500 household surveys and desk research, the analysis tried to address the following questions:  How has inflation changed economic choices, and how many households are considerably poorer in 2023 compared to 2021? Has the increase in inflation increased indebtedness among households? How do incomes, especially from the Diaspora and social assistance programmes/pension programmes, explain expenditure choices or levels of income? The study encompasses opinions of 1200 K-Albanian, 150 K-Serb, and 150 K-Others households.