Rent is not “gas and groceries”.

The U.S. isn’t building enough housing. Especially in places people want to live. This is a multi decade problem and almost fully explains the migration to southern cities.

The marginal rise in gas, as the OP claimed, has nothing to do with why credit card rates are soaring. And the OP’s dismissing job numbers is also incorrect, because wages are increasing and that is playing a huge role in offsetting the pandemic/Ukraine war related inflation.