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by derangedHorse
59 days ago
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Housing is actually ~44% in 2024, but the subcategory of 'Shelter' is ~35% for CPI-U. 'Shelter' is further broken down into rent and owner's equivalent of rent. 'Owners' equivalent rent of residences' is ~26% for CPI-U and ~21% for CPI-W, 'Rent of primary residence' is around 7% and 10% respectively. Depending on how one live their lifestyle, the 'inflation' calculation can greatly vary in relevance. Source: https://www.bls.gov/cpi/tables/relative-importance/home.htm |
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