Tag Archive: Cost of living


Despite Decline In CPI, Food Index Increases In December

 

 

 

 

 

 

” Despite a decline in the overall Consumer Price Index (CPI) in December, the food index increased and the price index for meats, poultry, fish and eggs hit a record high, according to data released today from the Bureau of Labor Statistics (BLS).

  According to the BLS, “The Consumer Price Index for All Urban Consumers (CPI-U) declined 0.4 percent in December on a seasonally adjusted basis. Over the last 12 months, the all items index increased 0.8 percent before seasonal adjustment.”

“ The gasoline index continued to fall sharply, declining 9.4 percent and leading to the decrease in the seasonally adjusted all items index,” said the BLS.

“ The fuel oil index also fell sharply, and the energy index posted its largest one-month decline since December 2008, although the indexes for natural gas and for electricity both increased,” said the BLS.

“ The food index, in contrast, rose 0.3 percent, its largest increase since September.” “

 

 

    Perhaps this has something to do with the record high food prices , after all Obama did promise that “electric prices would necessarily skyrocket” …

 

 

 

 

 

 

 

This is one promise candidate Obama has kept: Price of Electricity Hit Record High in U.S. in 2014

 

 

Electricity Price Index Hit All-Time High in 2014

 

 

 

 

CNS News has the details

 

 

 

 

 

 

 

 

 

 

This Map Shows The Real Value Of 100 Dollars In Your State

 

 

 

” How far does a dollar go in your state compared to others in the United States? Thanks to the Tax Foundation’s review of Bureau of Economic Analysis data, now you know.

  A dollar doesn’t go quite as far in states like California and New York, and it goes comparatively further in states like Mississippi and South Dakota.

  The cost of living gap is amplified by federal taxes being based on the same income levels regardless of cost of living. Someone who earns $40,000 a year in Jackson, Miss., is taxed at the same federal rate as someone earning $40,000 in San Francisco, Calif.”

 

Continued

 

 

 

 

 

 

 

 

 

 

Don’t Worry – The Government Says That The Inflation You See Is Just Your Imagination

 

 

” If you believe that there is high inflation in the United States, you are just imagining things.  That is the message that the U.S. government and the Federal Reserve would have us to believe.  You might have noticed that the government announced onWednesday that the cost of living increase for Social Security beneficiaries will only be 1.5 percent next year.  This is one of the smallest cost of living increases that we have ever seen.  The federal government is able to get away with this because the official numbers say that there is hardly any inflation in the U.S. right now.  Of course anyone that shops for groceries or that pays bills regularly knows what a load of nonsense the official inflation rate is.  The U.S. government has changed the way that inflation is calculated numerous times since 1978, and each time it has been changed the goal has been to make inflation appear to be even lower.  According to John Williams of shadowstats.com, if the inflation rate was still calculated the same way that it was back when Jimmy Carter was president, the official rate of inflation would be somewhere between 8 and 10 percent today.  But if the mainstream news actually reported such a number, everyone would be screaming and yelling about getting inflation under control.  Instead, the super low number that gets put out to the public makes it look like the Federal Reserve has plenty of room to do even more reckless money printing.  It is a giant scam, but most Americans are falling for it.”

 

Illustration by Jeff Parker

 

 

 

 

 

 

 

 

Thinking Of Relocating ? Keep These Places In Mind

 

 

” In tough times, it may be worth shopping around for the lowest prices. Real personal income gains have remained low during the recovery period, millions of Americans are still out of work, and the cost of living is edging ever upward.

Inflation, as measured by the consumer price or personal consumption expenditures index, is typically the primary gauge that people use to determine if prices are increasing. However, a national average masks region price differences within the U.S. that can be staggering. We already showed the most expensive places to live in the U.S. based on research conducted by the U.S. Bureau of Labor Statistics, and now, here are the least expensive:

 

8) Jefferson City, Missouri

 

Jefferson City, Missouri

 

 

” Unemployment in Jefferson City, Missouri, is an admirable 5.2 percent. The BLS data show that average prices paid by consumers for the mix of goods and services consumed in the area are about 19 percent below the national average.

Sperling’s data show that the average cost of living in Jefferson is 96 percent the national average.Median home cost is 83 percent the national average, while property taxes are below average.”