United States Consumer Price Index for All Urban Consumers (CPI-U) and Inflation Rate: Chicago-Naperville-Elgin, IL-IN-WI in July 2016 (Not Seas Adj.)

According to data from the US BLS, in July 2016, the United States Consumer Price Index for all urban consumers (CPI-U): Chicago-Naperville-Elgin, IL-IN-WI was 228.454 and the 12-month percent change (inflation rate) was -0.1%% (not seasonally adjusted). The Food away from home item had the highest 12-month percent change or inflation rate (3.7%), followed by Owners' equivalent rent of residences (2.8%), and Rent of primary residence (2.4%).

The chart below shows the top 7 items with the highest 12-month percent change or inflation rate. The table below contains the CPI-U and inflation rate for many items.

You can see similar information for other US geographic areas.

The Consumer Price Index (CPI) measures the change in prices paid by consumers for goods and services. The CPI of all urban consumers (CPI-U) reflects the spending patterns of all urban consumers which represents about 93 percent of the total US population. The CPI-U is based on the expenditures of almost all residents of urban or metropolitan areas, including professionals, the self-employed, the poor, the unemployed, and retired people, as well as urban wage earners and clerical workers.