After sealing decisive wins in the New York mayoral election and governor's races in Virginia and New Jersey, it is clear the Democratic Party will be buoyed by a big election night on Tuesday.

This marks a far cry from the scenes after the previous year's presidential election, when the party was left searching for answers after Donald Trump and the Republicans scored a hugely dominant victory.

The results also signal a year until vital midterm elections, raising questions about the implications for both parties moving forward. Here are four critical takeaways from the results:

1. Democrats get their energy back

The Democrats notched key victories as they swept the first major elections of Trump's second term. Notable wins include Abigail Spanberger in Virginia and Mikie Sherrill in New Jersey, both securing more than 56% of the vote. In New York City, Zohran Mamdani also made history by surpassing one million votes. This series of decisive victories may well boost a party that has at times struggled to counter President Trump's fast-paced second-term agenda.

2. Cost of living a winning message

Affordability issues were central to the campaigns of the Democratic candidates, resonating deeply with voters. Pledging to bring down the cost of living was not only effective for left-wing candidates like Mamdani but also for moderate candidates like Spanberger and Sherrill. Polling data indicates that economic concerns were paramount for voters, suggesting that this messaging could be pivotal for the Democrats in the upcoming midterms.

3. A stark shift in the Latino vote

While Trump made significant gains with Latino voters last year, recent results show a potential reversal, with Democrats leading significantly among this demographic in both Virginia and New Jersey. The focus on cost of living aligns with the key concerns of Latino voters, possibly signaling a critical shift back to Democratic support among this important voter base.

4. Democratic differences were on display

The election highlighted the diverse ideologies within the Democratic Party, from the progressive platform of candidates like Mamdani in New York to the moderate approaches of candidates in New Jersey and Virginia. This diversity raises questions about the party's strategy moving forward, emphasizing the importance of candidate selection and tailored messaging to resonate with different electorates.

These victories not only energize the Democratic base but also set the stage for a critical year leading up to the midterm elections.