President Trump recently released a chart comparing the change in major household costs during his first 20 months as president with the same period under President Biden.

The data reveals that across multiple categories, the rate of price increase for Trump’s term is lower than Biden’s. Specifically:

– Inflation: Biden experienced an increase of 12.3%, while Trump’s rise was 4.3%
– Groceries: Biden saw a 15.8% increase, compared to Trump’s 3.3%
– Gasoline: Biden’s increase was 69%, versus Trump’s 12%
– Rent: Biden recorded a 7.7% rise, whereas Trump’s was 4.5%
– Electricity: Biden’s increase reached 19.1%, compared to Trump’s 8.4%
– Vehicles (new and used): Biden’s price surge was 23.9%, but prices declined by 1.2% under Trump

The Joint Economic Committee Republicans, using consumer price data through August 2026, calculated that the average American household faced $2,881 less in added costs during Trump’s first 20 months than it did under Biden’s presidency. This equates to a 40.7% smaller increase in cumulative household expenses.

The analysis encompasses a wide range of household expenditures including housing, transportation, food, medical care, education, recreation, and apparel. The savings are state-specific, with Colorado showing the highest estimated reduction at $3,451 and West Virginia the lowest at $2,540.

August 2026 monthly data indicates a Consumer Price Index increase of 0.4% for the month and 3.4% over the past year, alongside gasoline rising by 27.4% year-over-year.

Additionally, U.S. Census Bureau figures for calendar year 2025 show that real median household income reached $87,460, a 2.6% increase from the previous year. The official poverty rate fell to 10.2%, representing a half percentage point decrease from 2024.