cost-of-living

August CPI: Shelter and Energy Push Your Monthly Bills Higher

Published September 16, 20265 min read

Frosted natural gas meter on a home's brick wall at dawn with a warm kitchen window glowing softly behind it

Shelter and energy costs pushed your monthly budget higher in August. The Bureau of Labor Statistics reported that shelter rose 0.26% month-over-month and energy surged 2.10%, turning index moves into real dollars on your bills. A household spending the national average on shelter and energy paid roughly $50 more in August than July, with natural gas delivering the biggest shock to budgets. The headline CPI rose 0.40% month-over-month and 3.35% year-over-year, but the composition matters more than the top-line number, as our break down in August CPI Reaccelerates on Gasoline: Headline Holds at 3.4% as Core Keeps Cooling shows.

Key Takeaways Shelter CPI rose 0.26% in August, adding roughly $3…

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