The Consumer Price Index, a measure of the cost of things compared to a fixed point in time, rose from about 221 in 2010 to above 270 in 2019 – an increase of more than 22%, while wages rose by only 16%.
Note: The CPI is calculated from a baseline of 100 in 1984. Source: U.S. Bureau of Labor Statistics annual Consumer Price Index across all consumer items in the West region of the U.S. Chart: Tim Sheehan | The Fresno Bee