Consumer prices are up to the highest levels in nearly 40 years.

The Bureau of Labor Statistics says prices jumped 6.8% for the 12 months ending in November. That's the biggest 12 month jump since 1982.

Home cooking and grocery prices are at record highs, jumping 6.4%

Beef had the most dramatic increase with a 20.9% spike in prices.

Restaurant prices spiked 5.8%

The Federal Reserve is set to meet this week to ensure long-term interest rates stay low.