Springfield, Missouri The Official Economic Development Site for the Springfield Metro Region

Consumer Price Index and Profile

Annual CPI

		2009	2010	2011
All Urban Consumers (CPI-U)		-0.6%	2.3%	3.3%
Urban Wage Earners & Clerical Workers (CPI-W)		-0.8%	2.7%	3.6%
*based on December 1996 dollars

Source: USDC, Bureau of Labor Statistics, 2009-2011

Current CPI

	Change from 1 year ago	Index
All Urban Consumers (CPI-U)	1.2%	140.9
Urban Wage Earners & Clerical Workers (CPI-W)	1.3%	141.6
*based on December 1996 dollars

Source: USDC, Bureau of Labor Statistics, July 2012

All of the data above is for B/C Size Class cities (population of 50,000-1,500,000) located in the Midewest Region.

The Consumber Price Index (CPI) is a meausre of the average change in prices over time in a market basket of goods and services. It is a good indicator of consumer inflation rates and in terms of salary adjustments it is often referred to as "the cost of living increase."

View the full explanation and the CPI equation

Inflation Calculator

The Bureau of Labor Statistics provides an inflation calculator which allows users to figure inflation over a designated period of time. (i.e. $1.00 in 1956 equals $7.97 in 2010) View the BLS Inflation Calculator.