cost-of-living index


An inflationary indicator that measures the change in the cost of a fixed basket of products and services, including housing, electricity, food, and transportation. The cost-of-living index is published monthly. also called cost-of-living index. also called Consumer Price Index (CPI).

Use this term in a sentence

You should always try and keep a close eye on the cost-of-living index so that you know how to market your product.

​ Was this Helpful? YES  NO 4 people found this helpful.

In the past 6 months the cost-of-living index has actually risen 2 percent and has no downward trend for consumers.

​ Was this Helpful? YES  NO 8 people found this helpful.

Fred was worried because the inflation rate was going up and his pension wasn't being adjusted based on the cost-of-living index.

​ Was this Helpful? YES  NO 11 people found this helpful.

Show more usage examples...

Related Terms

Browse Definitions by Letter: # A B C D E F G H I J K L M N O P Q R S T U V W X Y Z
CPI jump