by Martin Holzbauer
Terrace Standard
To the editor:
How does the actual cost of living actually work in relation to the Consumer Price Index (CPI)?
Several things are part of that index such as food from almond butter to yogurt. Why are zucchinis missing?
For shelter costs, 25 items, including mortgage and insurance costs. There are about 100 items for household operations from accounting to wine glass sets. Clothing and footwear are included from baby stuff to youth snow pants and then there is transportation from air travel to used vehicle purchases, including, of course, gas costs.
Then we come to health and personal care products, recreation, education and
reading from ‘A’ as in admission to hockey games to ‘V’ as in video on demand. That section also includes alcohol, tobacco, cannabis and vaping products.