Re:The cost of raising a child in America has soared (2018)
by JumpCrisscross on Monday June 24, 2019 @11:33PM
(#20270961)
> CPI is computed nationally
There are CPIs calculated for each metropolitan area. When I'm considering my savings, for instance, I look at New York-Newark-Jersey City, NY-NJ-PA [1] and New York-Newark-Jersey City [2] statistics.
National CPI is useful if you're planning policy. Local CPI is better for individual planning.
There are CPIs calculated for each metropolitan area. When I'm considering my savings, for instance, I look at New York-Newark-Jersey City, NY-NJ-PA [1] and New York-Newark-Jersey City [2] statistics.
National CPI is useful if you're planning policy. Local CPI is better for individual planning.
[1] https://fred.stlouisfed.org/series/CUURA101SA0
[2] https://www.bls.gov/regions/new-york-new-jersey/news-release...