What Inflation?

What Inflation?

March 23, 2013

We’re all familiar with the concept of inflation. Because of inflation, what you could buy for $10 in 2000 would cost you, on average, $12.67 today. You may be surprised to hear, though, that not all prices have increased over the past ten years. This infographic looks at 20 products that actually cost less today […]

Cost of Living In America

Cost of Living In America

March 21, 2013

If there’s one good thing that can come out of a recession it’s that many things become more affordable. Using data from the Bureau of Labor Statistics, from June 2008-June 2009, Mint.com created this map, which shows how US cities have been affected by the economic downturn. In all but one of the cities included, […]

What The CPI Market Basket Means For You

What The CPI Market Basket Means For You

March 16, 2013

Does it feel like your groceries are getting more expensive? There’s a way to tell if they really are. The Consumer Price Index (CPI) market basket measures more than just the food in your grocery basket to capture inflation. It is developed from detailed monthly records kept by government officials who are hired to track […]