- June 12, 2024 - 

The Cost Of Baby Formula Is Up Over 28 Percent Since Biden Took Office

Life has gotten more expensive under Joe Biden. 

 

The latest CPI data shows that overall prices are up 20.1% since Joe Biden took office.

 

Since Biden took office, gas costs 54.8% more, auto insurance is up 51.7%, leases on cars and trucks are 46.1% more expensive, electricity bills are 29% higher, baby food and formula is up 28.4%, pet food is 23% more expensive, groceries cost 21.2% more, and rent is also 21.2% higher.

 

 

ITEM PRICE INCREASE SINCE JAN. '21
Food at elementary and secondary schools 65.1%
Gasoline, unleaded regular 55.3%
Gasoline (all types) 54.8%
Motor fuel 54.3%
Energy commodities 53.7%
Other lodging away from home including hotels and motels 53.5%
Gasoline, unleaded midgrade 53.4%
Gasoline, unleaded premium 52.7%
Margarine 51.9%
Motor vehicle insurance 51.7%
Fuel oil 51.1%
Other motor fuels 50.5%
Frozen noncarbonated juices and drinks 47.3%
Leased cars and trucks 46.1%
Lodging away from home 45.9%
Crackers, bread, and cracker products 41.4%
Energy 41.3%
Other fats and oils including peanut butter 41.1%
Motor vehicle repair 40.6%
Eggs 40.1%
Airline fares 39.9%
Transportation services 39.8%
Fuel oil and other fuels 37.9%
Fats and oils 36.8%
Flour and prepared flour mixes 34.8%
Butter and margarine 34.6%
Apparel services other than laundry and dry cleaning 34.2%
Admission to sporting events 34.0%
Tax return preparation and other accounting fees 33.8%
Food from vending machines and mobile vendors 33.5%
Salad dressing 31.5%
Sugar and sugar substitutes 31.5%
Soups 31.3%
Other bakery products 31.3%
Frozen and refrigerated bakery products, pies, tarts, turnovers 30.7%
Motor vehicle maintenance and repair 30.5%
Frozen vegetables 30.4%
Veterinarian services 30.4%
Uncooked beef roasts 29.9%
Delivery services 29.7%
Electricity 29.0%
Baby food and formula 28.4%
Financial services 28.0%
Pet services including veterinary 27.8%
Sauces and gravies 27.7%
Utility Bills (Energy services) 27.6%
Olives, pickles, relishes 27.4%
Butter 27.3%
Public transportation 27.2%
Food at employee sites and schools 27.2%
Canned fruits and vegetables 27.1%
Bakery products 27.1%
Cigarettes 26.7%
Canned vegetables 26.5%
Motor vehicle body work 26.5%
Uncooked beef steaks 26.5%
Fresh whole chicken 26.5%
Fresh biscuits, rolls, muffins 26.4%
Cereals and bakery products 26.1%
Bread other than white 25.8%
Cookies 25.8%
Canned fruits 25.7%
Processed fruits and vegetables 25.7%
Other dairy and related products 25.6%
Tobacco and smoking products 25.6%
Beef and veal 25.6%
Other sweets 25.6%
Other condiments 25.3%
Other food at home 25.2%
Admissions 25.1%
Frozen fruits and vegetables 25.0%
Cakes, cupcakes, and cookies 24.9%
Care of invalids and elderly at home 24.8%
Breakfast cereal 24.8%
Bread 24.8%
Laundry and dry cleaning services 24.7%
Window coverings 24.7%
Stationery, stationery supplies, gift wrap 24.6%
Other uncooked poultry including turkey 24.6%
Checking account and other bank services 24.5%
Sugar and sweets 24.2%
Poultry 24.2%
Lunchmeats 24.2%
Cereals and cereal products 24.1%
Chicken 24.0%
Motor vehicle maintenance and servicing 24.0%
White bread 23.8%
Other foods 23.8%
Spices, seasonings, condiments, sauces 23.7%
Motor oil, coolant, and fluids 23.6%
Other miscellaneous foods 23.5%
Fresh and frozen chicken parts 23.4%
Frozen and freeze dried prepared foods 23.3%
Uncooked ground beef 23.3%
Limited service meals and snacks 23.2%
Uncooked other beef and veal 23.1%
Juices and nonalcoholic drinks 23.1%
Pet food 23.0%
Nonfrozen noncarbonated juices and drinks 23.0%
Other processed fruits and vegetables including dried 22.8%
Breakfast sausage and related products 22.7%
Carbonated drinks 22.5%
Fresh cakes and cupcakes 22.4%
Candy and chewing gum 22.3%
Food away from home 22.2%
Utility (piped) gas service 22.2%
Women's dresses 22.1%
Dried beans, peas, and lentils 22.0%
Nonalcoholic beverages and beverage materials 22.0%
Snacks 22.0%
Meats 21.9%
Full service meals and snacks 21.9%
Rent of shelter 21.8%
Other meats 21.8%
Miscellaneous personal services 21.7%
Shelter 21.6%
Meats, poultry, fish, and eggs 21.6%
Vehicle accessories other than tires 21.5%
Food 21.5%
Groceries (Food at home) 21.2%
Rent of primary residence 21.2%
Tools, hardware and supplies 21.2%
Owners' equivalent rent of primary residence 21.0%
Owners' equivalent rent of residences 21.0%
Used cars and trucks 20.9%
Motor vehicle parts and equipment 20.9%
Car and truck rental 20.8%
Photographic equipment and supplies 20.7%
Meats, poultry, and fish 20.6%
Other food away from home 20.6%
Tires 20.4%
Other beverage materials including tea 20.3%
Household paper products 20.2%
Vehicle parts and equipment other than tires 20.1%
All items 20.1%

 

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