4 ms·
According to BLS data, drugs have had slower inflation than the CPI, averaging 1.59% since 2011: https://www.in2013dollars.com/Medicinal-drugs/price-inflation/2
by gizmo686 5y ago
According to BLS data, drugs have had slower inflation than the CPI, averaging 1.59% since 2011: https://www.in2013dollars.com/Medicinal-drugs/price-inflation/2011-to-2021?amount=20 https://www.in2013dollars.com/Medicinal-drugs/price-inflatio...
Insulin in particular has been a national contraversy around price increases, so I suspect its cost went up faster than the average drug.
BLS claims that medical care overal inflated at an average of 2.74% annually since 2011, which is faster than CPI https://www.in2013dollars.com/Medical-care/price-inflation/2011-to-2021?amount=1000 https://www.in2013dollars.com/Medical-care/price-inflation/2...
Education has been bad, at 10.84% https://www.in2013dollars.com/Education/price-inflation/2011-to-2021?amount=20 https://www.in2013dollars.com/Education/price-inflation/2011...
Rent saw 3.21% https://www.in2013dollars.com/Rent-of-primary-residence/price-inflation/2011-to-2021?amount=1000 https://www.in2013dollars.com/Rent-of-primary-residence/pric...