Cost of Living and the Real Measure

In terms of the consumer price index, consumption baskets of tenths of income indicate that there is an inverse relationship between income and inflation for households. That is, the lower the household is in the decimal of income, the higher the price index for that household. THIS RESULT IS DUE TO THE FACT THAT THE BASIC EXPENDITURE ITEMS, WHICH OCCUPY A HIGHER SHARE OF THE CONSUMPTION BASKET OF THE LOWER INCOMES, SUCH AS FOOD AND HOUSING, HAVE RISEN AT THE HIGHEST RATE AMONG ALL THE INDEX ITEMS