3 ms·
CPI is already a huge political football that does not accurate reflect inflation measures in core things that matter for most people, like a lot of housing cos
by novok 4y ago
CPI is already a huge political football that does not accurate reflect inflation measures in core things that matter for most people, like a lot of housing costs.
- iso1631 4y agoCPI does include housing costs, you may argue against how well it's weighted for your particular case (renting in downtown SF), but that's a problem with any national metric which will have both personal and local variations. The data is available, for example Alaska Urban inflation is about 1pp higher than New York, presumably because of increased weighting of gas prices, if you are vegetarian and spend more on cereals than on meat then your personal food inflation will be higher