Americans’ cost of living fell relative to their earnings on average in 2016. Even though inflation ticked slightly upward, average wages grew faster. The Consumer Price Index, which measures price changes in goods and services, rose 1.7 percent. That was still low in historical terms but the second highest annual increase in the past five years. But the 2.9 percent increase in average wages was the largest wage gain over that five-year period.
Cost of Living
Wednesday, February 1st, 2017
Monday, February 1st, 2016
With energy prices and a strong dollar keeping inflation low, the average American’s cost of living did not rise in 2015 and in fact fell relative to wages. As this research brief shows, however, some Americans are spending large amounts on services such as education and health care and have seen their cost of living continue to rise.
Saturday, January 1st, 2011
Economic Bulletin
Vol. LI, January 2011
Average annual inflation for 2010 hovers around 1.6 percent.
by AIER staff
Friday, January 1st, 2010
Economic Bulletin
Vol. L, no. 1 | January, 2010
Thursday, January 1st, 2009
Economic Bulletin
Vol. XLIX | January 2009
By AIER Research Staff
Tuesday, January 1st, 2008
Economic Bulletin
Vol. XLVIII No. 1| January 2008
by the Editorial Staff
Monday, January 1st, 2007
Economic Education Bulletin
Vol. XLVII No. 1 | January, 2007
by the AIER Staff
Monday, January 8th, 2001
Research Reports - 2001, Issue: 01
Wednesday, December 1st, 1999
Economic Bulletin
December 1999
Sunday, December 1st, 1991
Economic Education Bulletin
Vol. XXXI, no. 12 | December, 1991
by the Editorial Staff
Wednesday, November 1st, 1989
Economic Education Bulletin
Vol. XXIX, no. 11 | November, 1989
by the Editorial Staff
Monday, March 10th, 1980
Statistical Indicators of Business-Cycle Changes
How Much Did the Cost of Living Increase Last Year?
