Talk of The Villages Florida - View Single Post - Amenity Fees - Increased?
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Old 04-05-2023, 07:32 AM
Bill14564 Bill14564 is online now
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Quote:
Originally Posted by MandoMan View Post
Is an increase of $10 a month a problem? That’s less than inflation last year. Your Social Security check went up, what, 7.5%?
Well..... The amenity fee increases by the CPI which is a common measure of inflation. So the increase was equal to inflation measured in February and applied to April.

I believe the SS increase was 8.7% which is also tied to the CPI but measured in an earlier month.

Both increases are tied to inflation so theoretically we didn't lose any ground. Realistically, not everything follows the CPI, particularly food.
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