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The Consumer Price Index rose 0.2 percent in March, and the Bureau of Labor Statistics said increases in the shelter and food costs accounted for most of the rise.
See how much things like homes, cars and milk cost in 1914 when compared with today's average prices.
Cars: In 1914, the average cost of a car like this old Dodge Brothers Touring Car cost $500.
In 2014, the average price of a new car is is $32,086.
Gas: In 1914, a gallon of gas would set you back 12 cents.
The U.S. Energy Information Administration projects that the average retail price of regular-grade gasoline for the rest of 2014 is $3.44 per gallon.
Houses: $3,500 would give you and your family a home back in 1914.
According to the census bureau, the average price for a new home in the U.S. as of Feb. 2014 is $317,500.
In 1914, a gallon of milk cost 12 cents.
The average price for a gallon of milk was $3.50 at the end of 2013, according to the Bureau of Labor Statistics.
A loaf of break cost Americans six cents in 1914.
In 2014, the average cost of a loaf of white bread is $2.39.
To read more about how much things cost in 1914, visit the Farmer's Almanac site.
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