Purchasing power is the value of a currency in real terms—based on the goods and services each unit can be exchanged for. Remember when you could buy two Mcdonald's Big Macs with a $5 bill in 2000?

Victoria Gnatiuk / Getty Images Online stock accounts use specific ... should know are account value, cash value, and purchasing power. These are the three types of value that every brokerage ...

In November 2024, the average purchasing power for middle-income families was 103.6%, up from 103.1% in October 2024. This marks the seventh consecutive month purchasing power rose for middle ...