cost-of-living index

noun
1.
a former term for consumer price index.
Origin
1910-15
Examples from the web for cost-of-living index
  • Earnings used for benefit calculations are adjusted according to changes in the cost-of-living index.
  • Therefore, a state equalization formula must include some form of cost-of-living index.
  • The new index more closely approximates a cost-of-living index by reflecting consumer responses to changes in relative prices.