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Prices and Wages by Decade: 2020-present

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, 2020s

Non-wage sources of income, 2020-2021

Prices in the United States, 2020s

PRICES for FOOD and FUEL, 2020s



Inflation and Buying Power, 2020s

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

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Marie Concannon, Government Information Librarian
Government Documents Department
106B Ellis Library (1st Floor East)
University of Missouri, Columbia
Phone (573) 882-0748