cost-of-living index

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noun

a former term for consumer price index.

Origin:
1910–15

Dictionary.com Unabridged
Based on the Random House Dictionary, © Random House, Inc. 2013.
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WordNet

cost-of-living index
noun
an index of the cost of all goods and services to a typical consumer [syn: consumer price index]

WordNet® 3.0, © 2006 by Princeton University.
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00:10

Cost-of-living index is always a great word to know.

So is flibbertigibbet. Does it mean:

a chattering or flighty, light-headed person.

a scrap or morsel of food left at a meal.

Example sentences

Earnings used for benefit calculations are adjusted according to changes in the cost-of-living index.

The new index more closely approximates a cost-of-living index by reflecting consumer responses to changes in relative prices.

Therefore, a state equalization formula must include some form of cost-of-living index.

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