To calculate the CPI, the BLS gathers data on ... These extensive price data are used to construct the "CPI-U" index number, which measures the cost of purchasing a representative market basket ...

One way to calculate your cost of living is to examine ... as measured by the consumer price index. The federal government announces Social Security increases every October, and they kick in ...

The increase in overall prices – measured by the Consumer Price Index – was 9.1% for the 12 months ending June 2022. Comparatively, inflation is much lower now – the CPI increased by 2.9% ...