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Item weights in the cpi the cost of buying a house with the

Question: Item weights in the CPI. The cost of buying a house (with the investment component removed) makes up about 22% of the CPI. The cost of renting a place to live makes up about 6%. Where do the weights 22% and 6% come from? Why does the cost of buying get more weight in the index?

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Basic Statistics: Item weights in the cpi the cost of buying a house with the

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