The Price of Progress arrives as The Hold Steady mark the 20th anniversary of their foundation bringing new ideas, sounds, and textures to a still-evolving canon of nine studio album releases that began with 2004's Almost Killed Me. The album was produced by longtime collaborator Josh Kaufman at The Clubhouse in Rhinebeck, NY, and mixed by D. James Goodwin. The Price of Progress stands as their most sonically expansive record thus far, while also remaining unmistakably The Hold Steady, showcasing narrative rock ‘n' roll tales of ordinary people struggling and surviving in a modern world. "These are some of the most cinematic songs in The Hold Steady catalog," says Craig Finn, "and the record was a joy to make. I feel like we went somewhere we haven't before, which is a very exciting thing for a band that is two decades into our career." The front and back of the album cover feature photographs by renowned Minneapolis-based photographer Alec Soth.