Regulations last checked for updates: May 18, 2024

Title 5 - Administrative Personnel last revised: May 15, 2024
§ 591.209 - What is a price index?

(a) The price index is the COLA area price divided by the DC area price and multiplied by 100.

(b) Example:

COLA Area Average Price for Item A = $1.233 DC Area Average Price for Item A = $1.164

Computation:

$1.233/$1.164 = 1.0592783 1.0592783 × 100 = 105.92783.

(c) In the case of the final index, OPM rounds the index to two decimal places.

cite as: 5 CFR 591.209