Not sure why the above statement was downvoted.
The three major expense areas in every family's life:
- housing (the rates depend on the market)
- health care (12-15%/year)
- college tuition (5-8%/year, perhaps a bit lower recently)
have been inflating at a rate far greater than the official CPI rate for quite a few years now. The declining price of big screen TVs cannot offset the above.