cost-of-living index


Also found in: Thesaurus, Financial, Encyclopedia, Wikipedia.

cost-of-living index

cost-of-living index

A numerical scale representing the costs necessary to maintain a minimal standard of living.
ThesaurusAntonymsRelated WordsSynonymsLegend:
Noun1.cost-of-living index - an index of the cost of all goods and services to a typical consumer
price index, price level - an index that traces the relative changes in the price of an individual good (or a market basket of goods) over time
References in periodicals archive ?
* Edinburg, Texas, has the lowest cost-of-living index for young people, 76.02; Stanford, Calif., the highest, 359.79.
(Shutterstock) DUBAI: UAE's Dubai topped the list of most expensive Arab cities in the world with a cost-of-living index of 72.58, according to the 2018 Cost of Living index.
We did not measure up very well for cost-of-living index (33rd), or the availability of a basket of certain goods and services, scoring 73.40 out of 100, where 100 refers to what is available in New York City.
ySTANBUL (CyHAN)- Civil servants allocate a full 70 percent of their monthly wage for food and housing expenditures, a recent cost-of-living index prepared by the Turkish Public Workers' Labor Union (Kamu-Sen) has shown.
ranks American college towns according to cost-of-living index scores.
The cost-of-living index in the Arab world's largest economy stood at 143.6 points in October, up 0.7% from 142.6 in September.
The Trustees of the scheme are selecting the Consumer Price Index (CPI) as a suitable cost-of-living index for increases to pensions in payment and the revaluation of deferred benefits.
In general, many of the pension plan limitations will change for 2012 because the increase in the cost-of-living index met the statutory thresholds that trigger their adjustment.
Our cost-of-living index, compiled with industry journal The Grocer, shows 10 out of 25 everyday items fell in price and four stayed the same compared with a year ago.
The contributors evaluate the accuracy of the Cost-of-Living Index (COLI), a Cost-of Goods Index, and a variety of other methodological frameworks as the bases for thinking about consumer prices.
Triplett, Jack E., 2001, "Should Cost-of-Living Index Provide the Conceptual Framework for a Consumer Price Index?" The Economic Journal, 111, F311-F334.