Cost of Living
The Consumer Price Index (CPI) of the U.S. Bureau of Labor Statistics measures changes in the cost of a typical "market basket" of services and goods purchased in a U.S. metropolitan area. If the average cost of the market basket was $100 in 1996-98, and $157 in 2010, the price increased by 57%; the index would be 157 in 2010. The Consumer Price Index is the chief measure of inflation in the US. Adjusted for regional differences, the cost of its market basket is the principal gauge of the cost of living. Government and private business use the CPI in determining wages, welfare benefits, and entitlements like Social Security. The articles included herein relate to cost of living analysis and comparisons.
- Cost of Living Raise
The cost of living raise is dependent on the Consumer Price Index (CPI) which is determined by the Bureau of Labor Statistics (BLS). Read on to know more on this subject.
- Average Cost of Raising a Child
At some point or the other, we need to consider the average cost of raising a child when planning to start a family. It is one of the most important aspects which cannot be neglected. Read on to find out more.
