The Consumer Price Index for All Urban Consumers (CPI-U) began tracking funeral expenses in December 1986. In the 30 years since then, the price of funerals in the United States has risen almost twice as fast as consumer prices for all items.The Consumer Price Index for All Urban Consumers (CPI-U) began tracking funeral expenses in December 1986. In the 30 years since then, the price of funerals in the United States has risen almost twice as fast as consumer prices for all items.

2017 12 Funeral expenses chart

From December 1986 to September 2017, producer prices for burial caskets increased more than twice as fast as producer prices for all commodities.

Prices for burial caskets rose 230.0 percent from December 1986 to September 2017, while producer prices for all commodities increased 95.1 percent.

These data are from the Consumer Price Index and Producer Price Indexes programs. The data are not seasonally adjusted.

The Consumer Price Index measures the average change over time in prices for a market basket of consumer goods and services.

Producer Price Indexes measure the average change over time in the selling prices received by domestic producers for their goods, services, and construction.

 

(Source: Bureau of Labor Statistics, U.S. Department of Labor, The Economics Daily, November 1, 2017)