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Prices and Wages by Decade: 2000-2009

Links to government documents and primary sources listing retail prices for products and services, as well as wages for common occupations.

Wages in the United States, 2000-2009

Wages by location for selected occupations, 2000-2009

Wages by occupation and industry, 2000-2009

Non-wage forms of income, 2000-2009

Prices in the United States, 2000-2009

PRICES for FOOD and FUEL, 2000s

PRICES for HOUSING and UTILITIES, 2000s

PRICES for TRANSPORTATION, 2000s

PRICES for SERVICES, 2000s

COST of a COLLEGE EDUCATION, 2000s

In 2000, 34% of people aged 18-24 were enrolled in college (U.S. Census) and 25.6% of people aged 25 years or older have completed 4 years (U.S. Census, Table A-2).

ENTERTAINMENT PRICES, 2000-2010

Inflation and buying power, 2000s

What is the Consumer Price Index (CPI)?

"The Consumer Price Index (CPI) is a measure of the average change over time in the prices paid by urban consumers for a representative basket of consumer goods and services" with respect to a given base year with value 100. Source: Bureau of Labor Statistics

What is inflation?

As measured with CPI, it is the percent change in the CPI between two different years, showing the "annual percentage change in the cost to the average consumer of acquiring a basket of goods and services". Source: Federal Reserve Bank of St. Louis

CPI Inflation Formula: CPIx-1-CPIxCPIx*100

Quotable facts for the 2000-2009 decade

In the United States...

  • Minimum wage was $5.15 per hour in the year 2000. Source: U.S. Department of Labor
  • In 2000, the median home value was $119,600. Source: US Census Bureau
  • Prescription drugs frequently used by Medicare beneficiaries increased in price 24% from 2000 to 2004.  Source: U.S. GAO.
  • Public 4-year universities charged an average of $9199 for tuition, fees, room & board for the 2001-2002 academic year. Source: U.S. Department of Education.
  • Coffee cost an average of $3.50  per pound in 2000. Source: U.S. Bureau of Labor Statistics (use drop-down box to select year)
  • Prices of some popular cars in 2000:
    • $18,745 for a Ford Taurus. Source: J.D. Power
    • $20,490 for a Honda Accord. Source: J.D. Power
    • $30,255 for a Ford F-150. Source: J.D. Power
  • A gallon of gasoline cost an average of $1.51 in 2000. Source: Energy Information Administration
  • Earnings for some common occupations in 2000:
    • Carpenters earned an average of $35,100. Source: U.S. BLS
    • Teachers earned an average of $41,807. Source: U.S. NCES

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Reference service is available Monday - Friday, 8:00 AM - 5:00 PM
Marie Concannon, Government Information Librarian
Government Documents Department
106B Ellis Library (1st Floor East)
University of Missouri, Columbia
Phone (573) 882-0748