Richard CanfieldPodcast Host and IBC Advisor, Ascendant Financial · Authorized Infinite Banking Practitioner | Author of 4 Books

Why Doesn't the Official CPI Match Your Real Cost of Living? #finance #taxplanning #shorts

21 Aug 2026 · 1 min

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The official CPI doesn't match what you actually spend. Your real costs for food, mortgage, and imports are rising faster than the government's standardized basket shows, so published CPI numbers understate the true cost of living.

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What I really want to highlight related to it is the CPI that you see here is Ottawa, and the US has their own CPI posted rates too, but it's their basket that they've put together, and it's not specifically yours. Your basket includes food, it includes your mortgage, it includes payroll, it includes imports. All of those costs are rising faster than what it is here, because the basket that they use isn't your basket, it's their basket.