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What (who) is cost-of-living index - definition
Cost-of-living index
ECONOMIC PRICE INDEX
Cost of Living Index; Cost of living index; Living standard price index
A cost-of-living index is a theoretical price index that measures relative cost of living over time or regions. It is an index that measures differences in the price of goods and services, and allows for substitutions with other items as prices vary.
cost-of-living index
ECONOMIC PRICE INDEX
Cost of Living Index; Cost of living index; Living standard price index
¦ noun another term for retail price index.
cost of living
![[[Consumer price index]]}}](https://commons.wikimedia.org/wiki/Special:FilePath/Inflation M2 CPI.webp?width=200 "[[Consumer price index]]}}")
WIKIMEDIA DISAMBIGUATION PAGE
Cost of Living; The Cost of living; The Cost of Living; The Cost of Living (album); The Cost of Living (disambiguation); Cost Of Living (album); Cost of Living (album); Cost Of Living
¦ noun the level of prices relating to a range of everyday items.
Examples of use of cost-of-living index
1. But real estate is the main driver in the cost–of–living index.
2. Financial advisers Stonehage have compiled a new cost–of–living index for luxury items.
3. Should I switch that loan and link the entire mortgage to the cost–of–living index?
4. The Kingdom’s cost of living index rose by 3.1 percent in 2007 compared with the previous year, the minister said.
5. Inflation rate in the Kingdom (calculated from the cost of living index) was 2.2 percent in 2006, the report said.