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 fast are prices rising in each country?
  2. What is the typical household income in each state?

Chart 1 of 2 · World

How fast are prices rising in each country?

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Consumer prices in the United States rose 2.9% in 2024, against 3% worldwide. The fastest rise was 219.9% in Argentina, then South Sudan (91.4%) and Türkiye (58.5%); at the other end, prices in Afghanistan fell 6.6%. Search 176 countries and territories. Each figure is the change in a country's consumer price index over the year, from its own statistics office; countries that hadn't reported 2024 are left out.

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: World Bank, World Development Indicators: Inflation, consumer prices (annual %) (CC BY 4.0 (credit the World Bank)) · Data as of Dec 31, 2024

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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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