cost-of-living index

noun
a former term for consumer price index.

Origin:
1910–15

Dictionary.com Unabridged
Based on the Random House Dictionary, © Random House, Inc. 2014.
Cite This Source Link To cost-of-living index
Example sentences
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.
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