Trump wins 2024 election; view average costs and rates from Nov. 6, 2024

November 6, 2024 statistics

Let’s see what happens to these numbers in the upcoming years and through another Trump presidency.

Note that the numbers are national averages, not local averages. We plan to check on them in November of 2025 and note any changes.

• National average gas price: $3.10
• Average cost of eggs: $3.82
• Average national cost of 1 gallon of whole milk: $3.77
• Average US home cost: $420,400
• Average US rent cost: $1,558/month
• Average cost of childcare in 100 largest US cities: $1,218/month
• National deficit: $1.8 trillion
• Median weekly earnings of the nation’s 120.8 million full-time wage and salary workers: $1,165 ($60,580/year)
• Average cost of a college education, US, per year, tuition and fees, books, daily living expenses: $38,270
• Interest rates (30 year loan): 6.9%
• Inflation rate: 2.4% (Sept 2024)
• Unemployment rate: 4.1% (Oct 2024)
• Age of eligibility for Medicare: 65
• Average temperature of the contiguous U.S. for the January–September 2024 period: 58.20°F (14.56°C)
• 22% tax brackets: $94,301 to $201,050, married filing jointly and $47,151 to $100,525, single
• Dow Index: 43,662.97
• S&P 500 Index: 5,921.66
• NASDAQ Index: 18,956.96

Sources:

• Gas – AAA: https://gasprices.aaa.com/
• Eggs – NerdWallet: https://www.nerdwallet.com/…/why-are-eggs-so-expensive
• Milk- Retail Milk Prices Report – Agricultural Marketing Service: https://www.ams.usda.gov/…/media/2021RetailPriceReport.pdf
• Housing – Motley Fool: https://www.fool.com/…/research/average-house-price-state/
• Rent – Apartments.com – https://www.apartments.com/rent-market-trends/us/
• Childcare – USA Today – https://www.usatoday.com/…/child-care-costs-more-than-rent
• National Deficit – Reuters: https://www.reuters.com/…/us-budget-deficit-tops-18…/
• Labor statistics -Usual Weekly Earnings of Wage and Salary Workers: https://www.bls.gov/news.release/pdf/wkyeng.pdf
• Interest rates – BankRate: https://www.bankrate.com/…/mortgage-rates-for…/
• Inflation rate – Statista: https://www.statista.com/…/unadjusted-monthly…/
• Unemployment rate – Bureau of Labor Statistics – https://www.bls.gov/news.release/pdf/empsit.pdf
• Average cost, college education, per year – EducationData – https://educationdata.org/average-cost-of-college
• Tax rates – 2024: https://www.nerdwallet.com/…/federal-income-tax-brackets
• Stock Market – CNN: https://www.cnn.com/markets
• Temperatures – September 2024 Global Climate Report: https://www.ncei.noaa.gov/…/monthly-report/global/202409