Cost of living rises 8.5% in one year

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It’s not just your imagination: The cost of living has gone up under President Joe Biden at a rate unmatched in two generations. Overall, the consumer price index, or CPI, is up 8.5 percent over last year, including:

  • Gas: +48%
  • Electricity: +11.1%
  • Energy, Generally: 32%
  • Proteins – Meat, Poultry, Fish: +13.8%
  • Milk: +13.3%
  • Eggs: +11.2%
  • Bread: +7.1%
  • Coffee: +11.2%
  • Used Cars: +35.3%
  • Car and Truck Rentals: +23.4%
  • Airline Fares: +23.6%
  • Shelter: +5%
The shelter index rose 5% over the last 12 months, the largest 12-month increase since May of 1991. The index for household furnishings and operations increased 10.1% over the past year, its largest 12-month increase since the period ending July of 1975. The CPI index is found at this link.