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News Release Information

24-2347-SAN
Wednesday, November 13, 2024

Contacts Technical information: Media contact:
  • (415) 625-2270

Consumer Price Index, Seattle area — October 2024

Area prices were up 0.3 percent over the past two months, up 3.0 percent from a year ago

Prices in the Seattle area, as measured by the Consumer Price Index for All Urban Consumers (CPI-U), increased 0.3 percent for the two months ending in October 2024, the U.S. Bureau of Labor Statistics reported today. (See table A.) Regional Commissioner Chris Rosenlund noted that the October increase was influenced by higher prices for food and recreation. (Data in this report are not seasonally adjusted. Accordingly, month-to-month changes may reflect seasonal influences.)

Over the last 12 months, the CPI-U advanced 3.0 percent. (See chart 1 and table A.) Food prices rose 2.1 percent. Energy prices declined 8.6 percent, largely the result of a decrease in the price of gasoline. The index for all items less food and energy advanced 3.8 percent over the year. (See table 1.)

Food

Food prices increased 1.6 percent for the two months ending in October. (See table 1.) Prices for food at home advanced 2.4 percent, led by higher prices for cereals and bakery products (5.3 percent) and meats, poultry, fish, and eggs (4.6 percent). Overall, prices rose in all six grocery categories. Prices for food away from home advanced 0.3 percent for the same period.

Over the year, food prices rose 2.1 percent. Prices for food at home advanced 1.7 percent since a year ago, led by higher prices for cereals and bakery products (6.5 percent) and meats, poultry, fish, and eggs (4.0 percent). Prices for food away from home rose 2.8 percen.

Energy

The energy index declined 3.4 percent for the two months ending in October. The decrease was mainly due to lower prices for gasoline (-3.3 percent). Prices for natural gas service fell 14.2 percent, while prices for electricity were unchanged for the same period.

Energy prices declined 8.6 percent over the year, largely due to lower prices for gasoline (-15.8 percent). Prices paid for natural gas service fell 9.5 percent, while prices for electricity advanced 9.7 percent during the past year.

All items less food and energy

The index for all items less food and energy increased 0.4 percent in the latest two-month period. Higher prices for recreation (1.8 percent) and medical care (1.1 percent) were partially offset by lower prices for apparel (-6.3 percent).

Over the year, the index for all items less food and energy advanced 3.8 percent. Components contributing to the increase included medical care (7.8 percent) and shelter (4.7 percent). Partly offsetting the increases were price decreases in apparel (-5.0 percent) and education and communication (-1.3 percent).

Table A. Seattle-Tacoma-Bellevue, WA, CPI-U 2-month and 12-month percent changes, all items index, not seasonally adjusted
Month20202021202220232024
2-month12-month2-month12-month2-month12-month2-month12-month2-month12-month

February

1.02.51.21.71.78.11.48.01.24.3

April

-0.61.31.13.42.19.11.06.91.24.4

June

0.20.92.25.53.210.11.04.60.43.8

August

1.41.61.15.20.09.00.85.40.13.1

October

-0.12.11.16.51.08.90.44.80.33.0

December

-0.41.40.67.60.18.4-0.34.4

The December 2024 Consumer Price Index for the Seattle area is scheduled to be released on January 15, 2025.

Notice Regarding Ceasing Publication of Utility Indexes

With the publication of January 2025 data in February 2025, several indexes and average price series will be discontinued.

The following CPI indexes will continue to be published at the national level, but will be discontinued for all metropolitan areas, census divisions, and regional size classes:

  • Electricity
  • Utility (piped) gas (often referred to as natural gas)
  • Energy services
  • Fuels and utilities
  • Household energy

The following CPI average price series will continue to be published at the national level, but will be discontinued for all metropolitan areas, census divisions, and regional size classes:

  • Electricity per KWH
  • Utility (piped) gas per therm

Technical Note

The Consumer Price Index (CPI) is a measure of the average change in prices over time in a fixed market basket of goods and services. The Consumer Price Index for Seattle is published bi-monthly. The set of components and sub-aggregates published for regional and metropolitan indexes is more limited than at the U.S. city average level; these indexes are byproducts of the national CPI program. Each local index has a much smaller sample size than the national or regional indexes and is, therefore, subject to substantially more sampling and other measurement error. As a result, local-area indexes are more volatile than the national or regional indexes. In addition, local indexes are not adjusted for seasonal influences. NOTE: Area indexes do not measure differences in the level of prices between cities; they only measure the average change in prices for each area since the base period.

The Seattle-Tacoma-Bellevue, WA. metropolitan area covered in this release is comprised of King, Pierce, and Snohomish Counties in the State of Washington.

Refer to the national CPI news release technical note or the Handbook of Methods for more information.

Information in this release will be made available to individuals with sensory impairments upon request. Voice phone: (202) 691-5200; Telecommunications Relay Service: 7-1-1.

Table 1. Consumer Price Index for All Urban Consumers (CPI-U): Indexes and percent changes for selected periods

Seattle-Tacoma-Bellevue, WA (1982-84=100 unless otherwise noted)
Item and Group

IndexesPercent change from-
Historical
data
Aug.
2024
Sep.
2024
Oct.
2024
Oct.
2023
Aug.
2024
Sep.
2024

Expenditure category

All items

Go to web page with historical data for series CUURS49DSA0
355.179-356.2123.00.3-

All items (1967=100)

Go to web page with historical data for series CUURS49DAA0
1,082.725-1,085.873---

Food and beverages

Go to web page with historical data for series CUURS49DSAF
362.555-367.4392.31.3-

Food

Go to web page with historical data for series CUURS49DSAF1
364.226-370.0502.11.6-

Food at home

Go to web page with historical data for series CUURS49DSAF11
320.908321.074328.5861.72.42.3

Cereals and bakery products

Go to web page with historical data for series CUURS49DSAF111
393.075398.678413.8896.55.33.8

Meats, poultry, fish, and eggs

Go to web page with historical data for series CUURS49DSAF112
286.234288.787299.3844.04.63.7

Dairy and related products

Go to web page with historical data for series CUURS49DSEFJ
290.133285.764291.407-1.00.42.0

Fruits and vegetables

Go to web page with historical data for series CUURS49DSAF113
492.555487.398503.1931.42.23.2

Nonalcoholic beverages and beverage materials(1)

Go to web page with historical data for series CUURS49DSAF114
400.710404.162411.447-0.92.71.8

Other food at home

Go to web page with historical data for series CUURS49DSAF115
252.247251.993252.7990.30.20.3

Food away from home

Go to web page with historical data for series CUURS49DSEFV
435.193-436.5802.80.3-

Alcoholic beverages

Go to web page with historical data for series CUURS49DSAF116
334.704-330.3975.1-1.3-

Housing

Go to web page with historical data for series CUURS49DSAH
432.954-431.7104.2-0.3-

Shelter

Go to web page with historical data for series CUURS49DSAH1
499.076501.282498.7834.7-0.1-0.5

Rent of primary residence(2)

Go to web page with historical data for series CUURS49DSEHA
500.302501.349501.3834.50.20.0

Owners' equiv. rent of residences(2)(3)

Go to web page with historical data for series CUURS49DSEHC
524.603526.528526.5935.60.40.0

Owners' equiv. rent of primary residence(1)(2)

Go to web page with historical data for series CUURS49DSEHC01
524.603526.528526.5935.60.40.0

Fuels and utilities

Go to web page with historical data for series CUURS49DSAH2
356.495-346.5743.9-2.8-

Household energy

Go to web page with historical data for series CUURS49DSAH21
323.765322.062312.0053.3-3.6-3.1

Energy services(2)

Go to web page with historical data for series CUURS49DSEHF
382.547380.828368.3513.9-3.7-3.3

Electricity(2)

Go to web page with historical data for series CUURS49DSEHF01
397.626397.626397.5139.70.00.0

Utility (piped) gas service(2)

Go to web page with historical data for series CUURS49DSEHF02
258.682254.204221.929-9.5-14.2-12.7

Household furnishings and operations

Go to web page with historical data for series CUURS49DSAH3
227.585-226.629-0.8-0.4-

Apparel

Go to web page with historical data for series CUURS49DSAA
136.219-127.671-5.0-6.3-

Transportation

Go to web page with historical data for series CUURS49DSAT
296.001-301.0660.71.7-

Private transportation

Go to web page with historical data for series CUURS49DSAT1
316.235-314.8910.2-0.4-

New and used motor vehicles(4)

Go to web page with historical data for series CUURS49DSETA
124.849-125.1630.10.3-

New vehicles(1)

Go to web page with historical data for series CUURS49DSETA01
224.993-224.447-0.3-0.2-

Used cars and trucks(1)

Go to web page with historical data for series CUURS49DSETA02
399.902-403.716-5.31.0-

Motor fuel

Go to web page with historical data for series CUURS49DSETB
480.620472.802464.780-16.0-3.3-1.7

Gasoline (all types)

Go to web page with historical data for series CUURS49DSETB01
490.184482.241473.967-15.8-3.3-1.7

Gasoline, unleaded regular(4)

Go to web page with historical data for series CUURS49DSS47014
528.920519.942510.991-16.3-3.4-1.7

Gasoline, unleaded midgrade(4)(5)

Go to web page with historical data for series CUURS49DSS47015
392.508386.580379.292-15.2-3.4-1.9

Gasoline, unleaded premium(4)

Go to web page with historical data for series CUURS49DSS47016
461.141454.934447.280-14.2-3.0-1.7

Medical care

Go to web page with historical data for series CUURS49DSAM
481.489-486.6977.81.1-

Recreation(6)

Go to web page with historical data for series CUURS49DSAR
122.355-124.5572.01.8-

Education and communication(6)

Go to web page with historical data for series CUURS49DSAE
--147.191-1.3--

Tuition, other school fees, and child care(1)

Go to web page with historical data for series CUURS49DSEEB
------

Other goods and services

Go to web page with historical data for series CUURS49DSAG
537.446-537.0053.2-0.1-

Commodity and service group

All items

Go to web page with historical data for series CUURS49DSA0
355.179-356.2123.00.3-

Commodities

Go to web page with historical data for series CUURS49DSAC
242.711-241.264-2.5-0.6-

Commodities less food & beverages

Go to web page with historical data for series CUURS49DSACL11
187.834-184.617-5.2-1.7-

Nondurables less food & beverages

Go to web page with historical data for series CUURS49DSANL11
228.502-223.434-4.9-2.2-

Durables

Go to web page with historical data for series CUURS49DSAD
149.435-147.533-5.4-1.3-

Services

Go to web page with historical data for series CUURS49DSAS
459.875-463.1065.90.7-

Special aggregate indexes

All items less medical care

Go to web page with historical data for series CUURS49DSA0L5
349.824-350.6262.70.2-

All items less shelter

Go to web page with historical data for series CUURS49DSA0L2
299.217-300.8501.80.5-

Commodities less food

Go to web page with historical data for series CUURS49DSACL1
193.225-189.955-4.7-1.7-

Nondurables

Go to web page with historical data for series CUURS49DSAN
292.911-292.186-0.9-0.2-

Nondurables less food

Go to web page with historical data for series CUURS49DSANL1
237.178-232.133-4.0-2.1-

Services less rent of shelter(3)

Go to web page with historical data for series CUURS49DSASL2RS
422.715-430.8107.81.9-

Services less medical care services

Go to web page with historical data for series CUURS49DSASL5
453.461-456.5485.70.7-

Energy

Go to web page with historical data for series CUURS49DSA0E
413.325408.576399.100-8.6-3.4-2.3

All items less energy

Go to web page with historical data for series CUURS49DSA0LE
355.845-357.6333.50.5-

All items less food and energy

Go to web page with historical data for series CUURS49DSA0L1E
354.238-355.5303.80.4-

Footnotes
(1) Indexes on a November 1977=100 base.
(2) This index series was calculated using a Laspeyres estimator. All other item stratum index series were calculated using a geometric means estimator.
(3) Indexes on a December 1982=100 base.
(4) Special index based on a substantially smaller sample.
(5) Indexes on a December 1993=100 base.
(6) Indexes on a December 1997=100 base.

- Data not available
NOTE: Index applies to a month as a whole, not to any specific date.

 

Last Modified Date: Wednesday, November 13, 2024