5 CFR 591.219
§ 591.219 How does OPM compute shelter price indexes?
United States · 5 CFR — Administrative Personnel · Status: effective
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- Citation
- 5 CFR 591.219, § 591.219 How does OPM compute shelter price indexes?, United States, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/7154
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Full text
(a) In addition to rental and rental equivalence prices and/or estimates, OPM obtains for each unit surveyed information about the important characteristics of the unit, such as size, number of bathrooms, and other amenities that reflect the quality of the unit.
(b) OPM then uses these characteristics and rental prices and/or estimates in hedonic regressions (a type of multiple regression) to compute for each COLA survey area the price index for rental and/or rental equivalent units of comparable quality and size between the COLA survey area and the Washington, DC, area.
Legislative history
This is a federal regulation, adopted through agency rulemaking under the Administrative Procedure Act — not enacted by a recorded vote of Congress.