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Personal Finance and Investing

70sEraVet

(4,288 posts)

1. One important rising cost is not figured into the CPI-W

Reply to mahatmakanejeeves (Original post)

Tue Jan 21, 2025, 08:36 AM

15 hrs ago

The US Consumer Price Index, a key metric of inflation, does not include the rising price of homeowner insurance. According to Bloomberg Intelligence, increased homeowners’ insurance would have added 80 basis points or approximately .8% to the reported CPI increase of 3.4%, meaning inflation would be more like 4.6 %.
https://www.oppenheimlaw.com/news-resources/climate-change-the-consumer-price-index-and-homeowner-insurance/

(This article was written in April 2024)

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Social Security Retirees Just Got Bad News About the 2025 Cost-of-Living Adjustment (COLA) [View all] mahatmakanejeeves 16 hrs ago OP

One important rising cost is not figured into the CPI-W 70sEraVet 15 hrs ago #1

Latest Discussions»Culture Forums»Personal Finance and Investing»Social Security Retirees ...»Reply #1