I've watched this happen firsthand living near the coast. What's wild is that it's not just the water rising - the ground itself is sinking in some places, which makes flooding way worse than the raw sea level numbers suggest. Miami and Venice especially are dealing with subsidence, meaning the land is compacting or settling, so you're getting a double whammy of rising water plus sinking land. That's why you see "nuisance flooding" on perfectly calm days now, where streets just get swamped without any storm system nearby.
The thermal expansion and ice melt explanation from earlier is solid, but I'd push back a bit on treating those as equal culprits. Most of the recent rise is actually from glaciers and ice sheets melting - Greenland and Antarctica especially. Thermal expansion matters, sure, but the melting ice is doing way more of the heavy lifting lately. And here's what doesn't always make the headlines: a lot of coastal cities built their infrastructure decades ago on the assumption sea levels would stay relatively stable. So even a few inches of rise is punching way above its weight because storm surge rides on top of that higher baseline, and flooding in low-lying areas becomes catastrophic way faster.
Also worth knowing is that some regions are hit harder than others depending on local geology. The Gulf Coast and Atlantic seaboard in the US are seeing faster rises than the Pacific side, partly due to how currents work and partly because that land was compressed by ancient ice sheets that are still "rebounding" slowly. So it's not uniform - your zip code matters a lot for how urgently this is becoming a problem.