Tagcost of living

Is the Cost of Living Really Increasing?


Listen to the media and our politicians and you’ll hear all kinds of talk about increases in the cost of living and the pressure it is putting on families. Problem is, it’s just not true. The chart below shows changes in the Consumer Price Index, which is the standard measure for inflation. As you can see, there were steep increases in the cost of living around 1950, through the 1970s...

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