Inflation: How Much Have Prices of Items Like Milk, Bread, & Eggs Risen In Massachusetts? Answers.

We all know by now that we are living in an age of inflation. The word gets tossed around a lot but how is it actually affecting the prices of everyday items... and therefore our bank accounts? The US Bureau of Labor has released data tracking the month-by-month prices of a handful of items most people use frequently. I took the prices from August 2021 and compared them to the most recently recorded prices (August 2022) to find the percentage of change year over year. If all of that mumbo-jumbo makes no sense, it'll make more sense when you look at the items listed below.

August 2021 price per pound: $.589
August 2022 price per pound: $.643

Percentage Increase: 9.2%

August 2021 price per pound: $1.40
August 2022 price per pound: $1.70

Percentage Increase: 21.4%

August 2021 price per pound: $1.467
August 2022 price per pound: $1.756

Percentage Increase: 19.7%

August 2021 price per pound: $1.858
August 2022 price per pound: $1.890

Percentage Increase: 1.7%

August 2021 price per pound: $1.472
August 2022 price per pound: $1.879

Percentage Increase: 27.6%

August 2021 price per KWH: $.144
August 2022 price per KWH: $.167

Percentage Increase: 16.0%

August 2021 price per pound: $1.709
August 2022 price per pound: $3.116

Percentage Increase: 82.3%

August 2021 price per gallon: $3.255
August 2022 price per gallon: $4.101

Percentage Increase: 26.0%

August 2021 price per pound: $4.636
August 2022 price per pound: $5.120

Percentage Increase: 10.4%

August 2021 price per gallon: $3.560
August 2022 price per gallon: $4.194

Percentage Increase: 17.8%