3 ms·

I'm going to believe the massive study over your single data point

• nostromo 5y ago
  Both can be correct, and likely are. HN doesn't live in "America" - we live in a bunch of different cities with different economies. This is actually a key problem with the Fed's tools -- they're national in scale. Inflation can be low in Acron, OH, but very high in San Francisco.
  • koboll 5y ago
    What a surprise that this comment thread is full of software developers in HCOL areas anecdotally seeing prices rise faster than the national average!
    • notyourday 5y ago
      Most of the population lives in the urban high cost of living areas.
      • missedthecue 5y ago
        The top 300 biggest cities in the US are home to only ~20% of the population.
        • machinebun 5y ago
          > The top 300 biggest cities in the US are home to only ~20% of the population. I think it's actually 20% for the top 100 cities; but a total of 62.5% of the population actually live in cities (82% live in urban areas - due to increase to 89% by 2050) https://www.nationalpopularvote.com/100-biggest-cities-have-59849899-people-and-rural-areas-have-59492267-people https://www.nationalpopularvote.com/100-biggest-cities-have-...