Author Topic: personal inflation rate  (Read 1224 times)

econberkeley

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personal inflation rate
« on: May 08, 2015, 11:39:33 AM »
Did any of you keep track of your personal inflation rate? I am thinking about doing that, but it looks pretty daunting. I am curious about how close it would be to the CPI. One shocking thing I found out about CPI is that new car prices during the last 20 years did not go up according to CPI. However, based on my experience, they more than doubled.

marty998

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Re: personal inflation rate
« Reply #1 on: May 08, 2015, 04:11:32 PM »
Council Rates, Water, Health Insurance & Electricity all seem to go up by 10% each year.

Fortunately I've been able to reduce my Car Insurance and have my Strata Body Corp fees kept low so overall bills inflation is around 4%.

Bills make up 50% of my spending, maybe a bit more :(

Zikoris

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Re: personal inflation rate
« Reply #2 on: May 08, 2015, 06:21:26 PM »
I'd like to, but I have to wait until my expenses finally bottom out. They've been dropping for 3 years now since I started taking things seriously, though this year I might finally hit the bottom.