School Finance
June 10, 2022

Consumer Price Index May 2022

Source: NYSUT Research and Educational Services
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The United States City Average Consumer Price Index (CPI-U) for May 2022 was 292.296 — representing a change of 8.6 percent over the index for May 2021.

The Northeast Area Consumer Price Index for May 2022 was 302.939 — representing a change of 7.5 percent over the index for May 2021.

The New York-Northern New Jersey Area Consumer Price Index for May 2022 was 309.243 — representing a change of 6.3 percent over the index for May 2021.

The June CPI will be available July 13, 2022.

Future projections of the CPI by businesses and economic organizations are found in the complete document. CPI increases are projected at 7.4 percent for 2022 and 3.3 percent for 2023.

June 10, 2022

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