In January 2025, prices had increased by three percent compared to January 2024 according to the 12-month percentage change in the consumer price index — the monthly inflation rate for goods and services in the United States. The data represents U.S. city averages. In economics, the inflation rate is a measure of the change in price level over time. The rate of decrease in the purchasing power of money is approximately equal. A projection of the annual U.S. inflation rate can be accessed here and the actual annual inflation rate since 1990 can be accessed here. InflationOne of the most important economic indicators is the development of the Consumer Price Index in a country. The change in this price level of goods and services is defined as the rate of inflation. The inflationary situation in the United States had been relatively severe in 2022 due to global events relating to COVID-19, supply chain restrains, and the Russian invasion of Ukraine. More information on U.S. inflation may be found on our dedicated topic page. The annual inflation rate in the United States has increased from 3.2 percent in 2011 to 8.3 percent in 2022. This means that the purchasing power of the U.S. dollar has weakened in recent years. The purchasing power is the extent to which a person has available funds to make purchases. According to the data published by the International Monetary Fund, the U.S. Consumer Price Index (CPI) was about 258.84 in 2020 and is forecasted to grow up to 325.6 by 2027, compared to the base period from 1982 to 1984. The monthly percentage change in the Consumer Price Index (CPI) for urban consumers in the United States was 0.1 percent in March 2023 compared to the previous month. In 2022, countries all around the world are experienced high levels of inflation. Although Brazil already had an inflation rate of 8.3 percent in 2021, compared to the previous year, while the inflation rate in China stood at 0.85 percent.

In the first quarter of 2024, the United Arab Emirates, Poland, and Bulgaria registered the highest house price increase in real terms (adjusted for inflation). In the United Arab Emirates, house prices outgrew inflation by 16.17 percent. When comparing the nominal price change, which does not take inflation into consideration, the average house price growth was even higher. Nevertheless, many countries experienced declining prices, with Luxembourg recording the biggest decline, at nearly 14 percent. That has to do with a broader trend of a slowing global housing market.

This dataset provides values for INFLATION RATE reported in several countries. The data includes current values, previous releases, historical highs and record lows, release frequency, reported unit and currency.

The inflation rate in the United States is expected to decrease to 2.1 percent by 2029. 2022 saw a year of exceptionally high inflation, reaching eight percent for the year. The data represents U.S. city averages. The base period was 1982-84. In economics, the inflation rate is a measurement of inflation, the rate of increase of a price index (in this case: consumer price index). It is the percentage rate of change in prices level over time. The rate of decrease in the purchasing power of money is approximately equal. According to the forecast, prices will increase by 2.9 percent in 2024. The annual inflation rate for previous years can be found here and the consumer price index for all urban consumers here. The monthly inflation rate for the United States can also be accessed here. Inflation in the U.S.Inflation is a term used to describe a general rise in the price of goods and services in an economy over a given period of time. Inflation in the United States is calculated using the consumer price index (CPI). The consumer price index is a measure of change in the price level of a preselected market basket of consumer goods and services purchased by households. This forecast of U.S. inflation was prepared by the International Monetary Fund. They project that inflation will stay higher than average throughout 2023, followed by a decrease to around roughly two percent annual rise in the general level of prices until 2028. Considering the annual inflation rate in the United States in 2021, a two percent inflation rate is a very moderate projection. The 2022 spike in inflation in the United States and worldwide is due to a variety of factors that have put constraints on various aspects of the economy. These factors include COVID-19 pandemic spending and supply-chain constraints, disruptions due to the war in Ukraine, and pandemic related changes in the labor force. Although the moderate inflation of prices between two and three percent is considered normal in a modern economy, countries’ central banks try to prevent severe inflation and deflation to keep the growth of prices to a minimum. Severe inflation is considered dangerous to a country’s economy because it can rapidly diminish the population’s purchasing power and thus damage the GDP .

Consumer Price Index (CPI): Liaoning: Dalian data was reported at 99.800 Prev Year=100 in 2024. This records a decrease from the previous number of 100.400 Prev Year=100 for 2023. Consumer Price Index (CPI): Liaoning: Dalian data is updated yearly, averaging 102.090 Prev Year=100 from Dec 2010 (Median) to 2024, with 15 observations. The data reached an all-time high of 105.425 Prev Year=100 in 2011 and a record low of 99.800 Prev Year=100 in 2024. Consumer Price Index (CPI): Liaoning: Dalian data remains active status in CEIC and is reported by Dalian Municipal Bureau of Statistics. The data is categorized under China Premium Database’s Inflation – Table CN.IAC: Consumer Price Index: Prefecture Level City.

Consumer Price Index (CPI): Prev Month=100: City of Moscow: Goods & Services not for Core Inflation data was reported at 102.150 Prev Mth=100 in Dec 2024. This records an increase from the previous number of 100.300 Prev Mth=100 for Oct 2024. Consumer Price Index (CPI): Prev Month=100: City of Moscow: Goods & Services not for Core Inflation data is updated monthly, averaging 100.660 Prev Mth=100 from Jan 2003 (Median) to Dec 2024, with 263 observations. The data reached an all-time high of 113.080 Prev Mth=100 in Jan 2006 and a record low of 92.610 Prev Mth=100 in Aug 2007. Consumer Price Index (CPI): Prev Month=100: City of Moscow: Goods & Services not for Core Inflation data remains active status in CEIC and is reported by Federal State Statistics Service. The data is categorized under Russia Premium Database’s Inflation – Table RU.IB032: Consumer Price Index: Central Federal District: City of Moscow.

Damascus in Syria was ranked as the least expensive city worldwide in 2023, with an index score of 13 out of 100. The country has been marred by civil war over the last decade, hitting the country's economy hard. Other cities in the Middle East and North Africa such as Tehran, Tripoli, and Tunis are also present on the list. Buenos Aires is the Latin American city with the highest costs of living, as Argentina has recently faced an economic crisis and rapidly rising inflation. On the other hand, Singapore and Zurich were ranked the most expensive cities in the world.

CN: Consumer Price Index: Education Culture & Entertainment: 36 City: Dalian data was reported at 100.600 Prev Year=100 in Jan 2025. This records an increase from the previous number of 100.100 Prev Year=100 for Dec 2024. CN: Consumer Price Index: Education Culture & Entertainment: 36 City: Dalian data is updated monthly, averaging 101.400 Prev Year=100 from Jan 2016 (Median) to Jan 2025, with 109 observations. The data reached an all-time high of 113.300 Prev Year=100 in Oct 2017 and a record low of 97.000 Prev Year=100 in Aug 2020. CN: Consumer Price Index: Education Culture & Entertainment: 36 City: Dalian data remains active status in CEIC and is reported by National Bureau of Statistics. The data is categorized under China Premium Database’s Inflation – Table CN.IA: Consumer Price Index: 36 City: Same Month PY=100.

In February 2025, the monthly inflation rate in China ranged at -0.7 percent compared to the same month in the previous year. Inflation had peaked at 2.8 percent in September 2022, but eased thereafter. The annual average inflation rate in China ranged at 0.2 percent in 2024. China’s inflation in comparison The term inflation means the devaluation of money caused by a permanent increase of the price level for products such as consumer or investment goods. The inflation rate is most commonly measured by the Consumer Price Index. The Consumer Price Index shows the price development for private expenses based on a basket of products representing the consumption of an average consumer household. Compared to other major economies in the world, China has a moderate and stable level of inflation. The inflation in China is on average lower than in other BRIC countries, although China enjoys higher economic growth rates. Inflation rates of developed regions in the world had for a long time been lower than in China, but that picture changed fundamentally during the coronavirus pandemic with most developed countries experiencing quickly rising consumer prices. Regional inflation rates in China In China, there is a regional difference in inflation rates. As of August 2023, Anhui province experienced the highest CPI growth, while Ningxia reported the lowest. In recent years, inflation rates in rural areas have often been slightly higher than in the cities. According to the National Bureau of Statistics of China, inflation was mainly fueled by a surge in prices for food and micellaneous items and services in recent months. The price gain in other sectors was comparatively slight. Transport prices have decreased recently, but had grown significantly in 2021 and 2022.

Consumer Price Index (CPI): Residence: 36 City: Hangzhou data was reported at 100.200 Prev Year=100 in Jan 2025. This records an increase from the previous number of 99.600 Prev Year=100 for Dec 2024. Consumer Price Index (CPI): Residence: 36 City: Hangzhou data is updated monthly, averaging 102.400 Prev Year=100 from Feb 2001 (Median) to Jan 2025, with 288 observations. The data reached an all-time high of 108.600 Prev Year=100 in Nov 2017 and a record low of 90.200 Prev Year=100 in Jan 2009. Consumer Price Index (CPI): Residence: 36 City: Hangzhou data remains active status in CEIC and is reported by National Bureau of Statistics. The data is categorized under China Premium Database’s Inflation – Table CN.IA: Consumer Price Index: 36 City: Same Month PY=100.

In November 2024, prices had increased by 2.7 percent compared to November 2023 according to the 12-month percentage change in the consumer price index — the monthly inflation rate for goods and services in the United States. The data represents U.S. city averages. In economics, the inflation rate is a measure of the change in price level over time. The rate of decrease in the purchasing power of money is approximately equal. A projection of the annual U.S. inflation rate can be accessed here and the actual annual inflation rate since 1990 can be accessed here. InflationOne of the most important economic indicators is the development of the Consumer Price Index in a country. The change in this price level of goods and services is defined as the rate of inflation. The inflationary situation in the United States had been relatively severe in 2022 due to global events relating to COVID-19, supply chain restrains, and the Russian invasion of Ukraine. More information on U.S. inflation may be found on our dedicated topic page. The annual inflation rate in the United States has increased from 3.2 percent in 2011 to 8.3 percent in 2022. This means that the purchasing power of the U.S. dollar has weakened in recent years. The purchasing power is the extent to which a person has available funds to make purchases. According to the data published by the International Monetary Fund, the U.S. Consumer Price Index (CPI) was about 258.84 in 2020 and is forecasted to grow up to 325.6 by 2027, compared to the base period from 1982 to 1984. The monthly percentage change in the Consumer Price Index (CPI) for urban consumers in the United States was 0.1 percent in March 2023 compared to the previous month. In 2022, countries all around the world are experienced high levels of inflation. Although Brazil already had an inflation rate of 8.3 percent in 2021, compared to the previous year, while the inflation rate in China stood at 0.85 percent.

Consumer Price Index (CPI): Prev Month=100: City of St Petersburg: Core Inflation data was reported at 101.020 Prev Mth=100 in Nov 2021. This records an increase from the previous number of 100.830 Prev Mth=100 for Oct 2021. Consumer Price Index (CPI): Prev Month=100: City of St Petersburg: Core Inflation data is updated monthly, averaging 100.520 Prev Mth=100 from Jan 2003 to Nov 2021, with 227 observations. The data reached an all-time high of 104.280 Prev Mth=100 in Jan 2015 and a record low of 99.790 Prev Mth=100 in Aug 2019. Consumer Price Index (CPI): Prev Month=100: City of St Petersburg: Core Inflation data remains active status in CEIC and is reported by Federal State Statistics Service. The data is categorized under Russia Premium Database’s Inflation – Table RU.IB045: Consumer Price Index: North Western Federal District: City of St Petersburg.

In 2022, Zimbabwe was ranked as the most miserable country in the world with a misery index score of 414.7. Venezuela ranked second with an index score of 330.8.

Quality of life around the world The misery index was created by the economist Arthur Okun in the 1960s. The index is calculated by adding the unemployment rate, the lending rate and the inflation rate minus percent change of GDP per capita.

Another famous tool used for the comparison of development of countries around the world is the Human Development Index, which takes into account such factors as life expectancy at birth, literacy rate, education level and gross national income (GNI) per capita.

Better economic conditions correlate with higher quality of life

Economic conditions affect the life expectancy, which is much higher in the wealthiest regions. With a life expectancy of 85 years, Japan led the ranking of countries with the highest life expectancy in 2020. On the other hand, Lesotho was the country with the lowest life expectancy, where men were expected to live 50 years as of 2022.

The Global Liveability Index ranks the quality of life in cities around the world, basing on political, social, economic and environmental aspects, such as personal safety and health, education and transport services and other public services. In 2022, Vienna was ranked as the city with the highest quality of life worldwide.

Consumer Price Index (CPI): Residence: Shandong: Qingdao data was reported at 100.300 Prev Year=100 in 2024. This records a decrease from the previous number of 100.600 Prev Year=100 for 2023. Consumer Price Index (CPI): Residence: Shandong: Qingdao data is updated yearly, averaging 100.900 Prev Year=100 from Dec 2010 (Median) to 2024, with 15 observations. The data reached an all-time high of 103.500 Prev Year=100 in 2011 and a record low of 100.300 Prev Year=100 in 2024. Consumer Price Index (CPI): Residence: Shandong: Qingdao data remains active status in CEIC and is reported by Qingdao Municipal Bureau of Statistics. The data is categorized under China Premium Database’s Inflation – Table CN.IAC: Consumer Price Index: Prefecture Level City: Residence.

CN: Consumer Price Index: MoM: 36 City: Chongqing data was reported at 99.900 Prev Mth=100 in Feb 2025. This records a decrease from the previous number of 100.600 Prev Mth=100 for Jan 2025. CN: Consumer Price Index: MoM: 36 City: Chongqing data is updated monthly, averaging 100.100 Prev Mth=100 from Jan 2016 (Median) to Feb 2025, with 110 observations. The data reached an all-time high of 101.600 Prev Mth=100 in Feb 2020 and a record low of 97.800 Prev Mth=100 in Mar 2020. CN: Consumer Price Index: MoM: 36 City: Chongqing data remains active status in CEIC and is reported by National Bureau of Statistics. The data is categorized under China Premium Database’s Inflation – Table CN.IA: Consumer Price Index: 36 City: Previous Month=100.

As of September 2024, Mumbai had the highest cost of living among other cities in the country, with an index value of 26.5. Gurgaon, a satellite city of Delhi and part of the National Capital Region (NCR) followed it with an index value of 25.1.  What is cost of living? The cost of living varies depending on geographical regions and factors that affect the cost of living in an area include housing, food, utilities, clothing, childcare, and fuel among others. The cost of living is calculated based on different measures such as the consumer price index (CPI), living cost indexes, and wage price index. CPI refers to the change in the value of consumer goods and services. The wage price index, on the other hand, measures the change in labor services prices due to market pressures. Lastly, the living cost indexes calculate the impact of changing costs on different households. The relationship between wages and costs determines affordability and shifts in the cost of living. Mumbai tops the list Mumbai usually tops the list of most expensive cities in India. As the financial and entertainment hub of the country, Mumbai offers wide opportunities and attracts talent from all over the country. It is the second-largest city in India and has one of the most expensive real estates in the world.

Consumer Price Index (CPI): Education Culture & Entertainment: 36 City: Shanghai data was reported at 96.400 Prev Year=100 in Feb 2025. This records a decrease from the previous number of 101.300 Prev Year=100 for Jan 2025. Consumer Price Index (CPI): Education Culture & Entertainment: 36 City: Shanghai data is updated monthly, averaging 102.250 Prev Year=100 from Jan 2016 (Median) to Feb 2025, with 110 observations. The data reached an all-time high of 109.600 Prev Year=100 in Feb 2018 and a record low of 96.400 Prev Year=100 in Feb 2025. Consumer Price Index (CPI): Education Culture & Entertainment: 36 City: Shanghai data remains active status in CEIC and is reported by National Bureau of Statistics. The data is categorized under China Premium Database’s Inflation – Table CN.IA: Consumer Price Index: 36 City: Same Month PY=100.

Consumer Price Index (CPI): Education Culture & Entertainment: 36 City: Shenyang data was reported at 99.300 Prev Year=100 in Feb 2025. This records a decrease from the previous number of 101.400 Prev Year=100 for Jan 2025. Consumer Price Index (CPI): Education Culture & Entertainment: 36 City: Shenyang data is updated monthly, averaging 101.350 Prev Year=100 from Jan 2016 (Median) to Feb 2025, with 110 observations. The data reached an all-time high of 105.500 Prev Year=100 in Apr 2017 and a record low of 98.600 Prev Year=100 in Feb 2016. Consumer Price Index (CPI): Education Culture & Entertainment: 36 City: Shenyang data remains active status in CEIC and is reported by National Bureau of Statistics. The data is categorized under China Premium Database’s Inflation – Table CN.IA: Consumer Price Index: 36 City: Same Month PY=100.

CN: Consumer Price Index: MoM: Clothing: 36 City: Xining data was reported at 99.700 Prev Mth=100 in Feb 2025. This records a decrease from the previous number of 100.100 Prev Mth=100 for Jan 2025. CN: Consumer Price Index: MoM: Clothing: 36 City: Xining data is updated monthly, averaging 100.150 Prev Mth=100 from Jan 2012 (Median) to Feb 2025, with 158 observations. The data reached an all-time high of 106.500 Prev Mth=100 in Mar 2013 and a record low of 93.200 Prev Mth=100 in Aug 2013. CN: Consumer Price Index: MoM: Clothing: 36 City: Xining data remains active status in CEIC and is reported by National Bureau of Statistics. The data is categorized under China Premium Database’s Inflation – Table CN.IA: Consumer Price Index: 36 City: Previous Month=100.

Consumer Price Index (CPI): MoM: 36 City: Hangzhou data was reported at 99.900 Prev Mth=100 in Feb 2025. This records a decrease from the previous number of 100.900 Prev Mth=100 for Jan 2025. Consumer Price Index (CPI): MoM: 36 City: Hangzhou data is updated monthly, averaging 100.100 Prev Mth=100 from Jan 2016 (Median) to Feb 2025, with 110 observations. The data reached an all-time high of 102.000 Prev Mth=100 in Feb 2018 and a record low of 98.500 Prev Mth=100 in Mar 2018. Consumer Price Index (CPI): MoM: 36 City: Hangzhou data remains active status in CEIC and is reported by National Bureau of Statistics. The data is categorized under China Premium Database’s Inflation – Table CN.IA: Consumer Price Index: 36 City: Previous Month=100.