The cost of living (as measured by the consumer price index) in the USA increased +24% in the decade of
the 50s, +28% in the 60s, +103% in the 70s, +64% in the 80s and +33% in the 90s. For the first 8 years of the current decade (2000-07), the cost of living nationwide has increased +25%.
The consumer price index is a measure of inflation compiled by the US Bureau of Labor Studies (source: Department of Labor).
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