Chart assignment

Charts to read and discuss

Read each chart, then answer its questions. Every chart shows its source and date; open it for a table of the numbers and the data to download.

  1. How much have US consumer prices risen since 1913?
  2. What is the typical household income in each state?

Chart 1 of 2 · Inflation

How much have US consumer prices risen since 1913?

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Consumer prices in September 2026 were 34 times their level in January 1913, when the Consumer Price Index begins: what cost $1 then cost about $34 in 2026. They were 2 times their level of January 2000. The index tracks what a typical basket of goods and services costs city households, with 100 as its 1982–84 average. Prices fell after 1920 and again in the early 1930s. October 2025 is missing because BLS collected no prices that month, during a lapse in federal funding.

Questions to discuss

  1. In one sentence of your own, what does this chart show?
  2. Find the biggest change or difference in the chart. What might explain it?
  3. Who collected these numbers, and how recent are they? What else would you want to know before drawing a conclusion?

Source: U.S. Bureau of Labor Statistics, Consumer Price Index (CPI-U, all items) (Public domain (U.S. government work)) · Data as of Sep 30, 2026

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Chart 2 of 2 · Income and poverty

What is the typical household income in each state?

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In the Census Bureau's 5-year survey ending in 2024, the typical household in District of Columbia earned $109,870 a year, the most, followed by Massachusetts ($103,960) and Maryland ($103,678). Mississippi was lowest at $56,447, and the U.S. median was $80,734. These are 5-year estimates in 2024 dollars, each with a margin of error.

How to read this chart

Each bar is the median household income in a state: half of households earn more and half earn less. The dashed line is the whole U.S., for comparison. These are survey estimates, and each has a margin of error: the true value is likely within that range, so states with overlapping ranges may not really differ.

Questions to discuss

  1. Find your state. Is it above or below the U.S. median, and by about how much?
  2. Why do statisticians often use the median instead of the average (mean) for income?
  3. Housing and groceries cost more in some states. What would you need to know to compare what these incomes can buy?

Source: U.S. Census Bureau, American Community Survey 5-year estimates (Public domain (U.S. government work). This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.) · Data as of Dec 31, 2024

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