Homepage / Bullion Investment Basics: Price Inflation

Royalty Precious Metals

Veteran & Patriot Owned


Find Bullion Market News here


Price Inflation

in the United States



Originally posted 12/20/2011 - Last Update & Edit 1/23/2020




What is Inflation?

"The increase in the quantity of money" which results in a devaluation of the currency and the eventual rise in the price of goods.




How is Inflation Calculated? 

As inflation rises, every dollar decreases in value.

inflation

If the inflation rate is 2% a year, then a pack of gum that sells for $1.00 at the beginning of the year, will cost $1.02 by the end of that year.

Inflation often goes unnoticed at doing what it does best; Destroying the Value a Currency.

The Charts below, are a Visualization of how over the years "Price Inflation" has affected everyone who lives the United States, in one way or another.



*Important Note: The prices displayed on all of these Charts are calculated with the average price paid in the United States and are not specific to any brand or region of the United States.



Income


Median Income

The first inflation chart is the average increase in the Median Income over the last 87 years.

Price Inflaiton - 85 Years Median Income

To some, the chart above may look like progress, but before that thought crosses your mind, take a look at the chart below.

The chart below shows the 'Decline in the Purchasing Power of the Dollar.'

Furthermore, the Price Inflation charts below will show you how the purchasing power of our money has diminished over the decades.


'Decline in the Purchasing Power of the Dollar.'

Sources:

www.census.gov
www.thepeoplehistory.com

Advisor Perspectives - dshort.com







Food


Food Price Inflation

Milk Price Chart

The Milk price below is based on the price of One Gallon of Fortified Whole Milk.

price inflation milk price

Source:
www.economagic.com







Food Price Inflation

Bread Price Chart

The Bread Price Chart below is the example of the average purchasing price of a 1lb. Loaf of Plain White Bread, in the United States.

price inflation bread price

Source: econmagic - U.S. city average; White bread







Food Price Inflation

Thanksgiving Dinner Chart

The American Farm Bureau Federation's "Cost of Thanksgiving" survey was first conducted in 1986.

The Survey is an informal gauge of price trends around the nation.

However, to allow for consistent price comparisons, the Farm Bureau’s survey menu has remained unchanged.

cost of thanksgiving dinner

Source:  American Farm Bureau Federation Survey







Food Price Inflation

Hershey Bar Price Chart

price inflation Hershey bar price

Source:

Foodtimeline

Candy Wrapper Archive








Shelter


Home Price Inflation

New Home Price Chart

The Prices in this chart are based on the average cost of a New Home built in the United States.

new home price chart

Source:
www.thepeoplehistory.com
www.census.gov








Transportation


Transportation Price Inflation

New Car Price Chart

The averages in the New Car prices shown in the Chart below where taken from New Sports cars, Luxury Car prices, New Mid-sized and New Compact Cars sold in the US.

price inflation new car price

Sources:
www.thepeoplehistory.com

Road-Reality 2009-2010 graphic

Edmund's - Report Sheds Light on Vehicle-Shopping Trends - 2013

mlive - Average Price of New Car in 2018









Postage


Postage Price Inflation

First Class Stamp Price Chart

The Prices for the Chart below, are based on the average price of one First Class U.S. Stamp.

price inflation first class stamp

Source:

www.johnstonsarchive - Cost of US First Class Stamp








College Tuition

Higher Education has witnessed some of the highest rates of inflation over the years in comparison to other services and commodities.  

Below are two charts concerning the rising prices of College Tuition.

Education Price Inflation

Public College Chart

price inflation public college costs

Source: National Center for Education Statistics: Table 330 - column 15








Education Price Inflation

Private College Chart

price inflation private college costs

Source: National Center for Education Statistics: Table 330 - column 15








Entertainment

As with everything else around us, Entertainment Costs have increased in America, too.  


Sports Entertainment Price Inflation

NFL - Super Bowl Ticket Price Chart

For the first three years the Superbowl was called 'The World Championship Game.'  In 1970 it was changed to 'SuperBowl.'

The chart below is based on the average price of a single SuperBowl Ticket.

price inflation movie ticket price

Source: 

Star Tribune - Price of a Superbowl Ticket 1967 - 2018








Sports Entertainment Price Inflation

Baseball Ticket Price Chart

price inflation movie ticket price

Source: 

EH.net

Statista







Entertainment Price Inflation

Movie Price Chart

price inflation movie ticket price

Source:
www.boxofficemojo.com








Gold Price Chart

The Gold Price Chart below is a real-time chart that spans the last 45 years.

The difference between the 'Price Inflation' charts above and the Gold Price Chart below is:

Gold, the oldest known currency, besides silver, has preserved its purchasing power, despite Price Inflation.


Gold (1970 - Present)



The U.S. Dollar  (1913 - 2019)



Royalty Precious Metals

Veteran & Patriot Owned




Other pages you may like...





cancer research







Royalty Precious Metals

Veteran & Patriot Owned



Price Inflation




For the Latest Bullion Market News...


Transfer from the Price Inflation page

and

Visit the Homepage















Free Bullion Investment Guide




Enjoy this page? Please pay it forward. Here's how...

Would you prefer to share this page with others by linking to it?

  1. Click on the HTML link code below.
  2. Copy and paste it, adding a note of your own, into your blog, a Web page, forums, a blog comment, your Facebook account, or anywhere that someone would find this page valuable.
Affiliate Merchant Disclosure

Bullion Vault - Trust Pilot - Customer Reviews


search

   Search the Guide

search engine by freefind

 September Newsletter was just released on the 5th.

-------

Sign up to receive October's newsletter


All Donations are Appreciated!



PayPal, Debt, or
Credit Card



Cancer Awareness Information




Gold per Troy Oz. (ozt.)


Royal Canadian Mint

2023 Mosaic of Canadian Icons – 6-coin set

Start/Grow your collection with this set of 2023 collector’s edition non-circulation ... [More]

Price: C$29.95





Silver per Troy Oz. (ozt.)


recent guide updates

Bullion News on the Homepage



Austrian Bullion Coins

Mintage Figures

Austrian Mint & Bullion Coins



Archangel Raphael
-
The Angel of Healing

ArchAngel Raphael



Australian Bullion Coin

Images & Mintage Figures

Australian bullion



2023

Chinese Bullion

Gold and Silver Panda Coins

Mintage Figures

&

Coin Images

2023 30gram Gold Panda REV
2023 30gram Silver Panda REV1



2022

Silver Libertad

Mintage Figures

silver libertad



2022

Gold Libertad

Mintage Figures




2022

Israel - Jerusalem of Gold  - 1oz. Bullion Coin

Mintage Figures

&

Coin Images

2022 - 1oz. Jerusalem of Gold - Ein Karem - Bullion Coin



Cancer Awareness Information & Resources page

Cancer Awareness Gold Nano-Ribbon

Continuously Updated














Buy Gold And Silver Coins
BGASC - Customer Reviews link














gas prices history





Top 10 pages of the Free-Bullion-Investment-Guide.com

pages



Home page




Gold

Price Charts




Mexican Silver

Libertad




Canadian

Silver Maple Leaf




Engelhard

Bullion Refiner




Johnson Matthey

Bullion Refiner




Sunshine Mint

Bullion Refiner




Archangel Raphael

The Angel of Healing




Silver

Price Charts




"Troy"

A System of Weight




















99.99% Pure,100% Insured, Buy Now!
























































gunsafes.com


Gunsafes.com




























SD Bullion
SD Bullion - Customer Reviews link




























Gunsafes.com
Gunsafes.com- Customer Reviews link