All of Inflation’s Little Parts – The New York Times

by MB on May 16, 2008

ny-times-inflation.jpg

Very nice infographic from the New York Times showing a visual representation of how much the average American spends on each of the 200 categories that make up the Consumer Price Index (the most common measure of inflation).

The largest component – by far – is “Owner’s Equivalent Rent”, which seeks to estimate the amount of rent a homeowner would be required to pay if they were renting their home. This represent 23.9% of the model American’s spending.

Another point of interest is spending on gasoline. The chart shows this number as 5.2% of spending. This is up a massive 26% from 2007.

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