The deception of pay hike

How many of you really become richer when there is a pay hike? I am referring to the normal average Singaporeans, not those whose pay hikes are in the hundreds of thousands or millions. Many will feel richer for a moment but whether they are richer or poorer will depend on the subsequent events that follow the pay hike. Are there more hikes in fares, charges, rentals and services? If they do,