COST-OF-LIVING INDEX
Dictionary entry overview: What does cost-of-living index mean? • COST-OF-LIVING INDEX (noun)
The noun COST-OF-LIVING INDEX has 1 sense:
1. an index of the cost of all goods and services to a typical consumer
Familiarity information: COST-OF-LIVING INDEX used as a noun is very rare.
Dictionary entry details
• COST-OF-LIVING INDEX (noun)
Meaning:
An index of the cost of all goods and services to a typical consumer
Classified under:
Nouns denoting communicative processes and contents
Synonyms:
consumer price index; cost-of-living index; CPI
Hypernyms ("cost-of-living index" is a kind of...):
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)
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