Orange County NC Website
Attachment 2 <br />Cost of Living Increase <br />1, Orange County Cost of Living Increases <br />As Compared to Increases in the Consumer Price Index <br />Fiscal <br />Year Cost of Living <br />Increase Consumer Price Index <br />(CPI) Increase CPI For Calendar <br />Year <br />2000-01 3.0%* 2.7% <br />(5.$%) 1999 <br />(Projected for 2000) <br />1999-00 2.0% 1.6% 1998. <br />1998-99 2.5% 1.7% 1997 <br />1997-98 2.5°/a 3.3% 1996 <br />1996-97 2.5% 2.5% 1995 <br />1995-96 2.4% 2.7% 1994 <br />1994-95 2.25% 2.7% 1993 <br />1993-94 2% 2.9% 1992 <br />1992-93 2% 3.1 % 1991 <br />1991-92 0% 6.1 % 1990 <br />1990-91 4% 4.C% 19$9 <br />* Proposed <br />2. Additional Consumer Price Index Information <br />The above chart shows changes in the national consumer price index as reported by the <br />U.S. Department of Labor's Bureau of Labor Statistics. It covers items such as food, <br />housing, apparel, transportation, medical care, education, energy, and other goods and <br />services. Far the 12 months ended March 2000, the Consumer Price Index increased 3.7 <br />percent. Based on the January through March 2000, the Bureau of Labor Statistics reports <br />that the consumer price index is increasing at a seasonally adjusted annualized rate of 5.$ <br />percent. Most major expenditure groups have contributed to the rise in the cost of living. <br />For example, <br />Category 1999 Increase Annualized Rate Based on <br />Jan -March 2000 <br />Food and Beverage 2.0% 1.9% <br />Energy 13.9% 50.5% <br />Housing 2.2% 4.9% <br />Transportation 5.4% 16.9% <br />Medical Care 3.7% 4.8% <br />Other Goods and Services 5.1 % 8.0% <br />