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单词 cost-of-living index
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cost-of-living index
cost-of-living index n. Economics an index which measures variation in the cost of a representative range of everyday goods and services viewed as necessary to maintain an average or minimal standard of living. Cf. consumer price index n. at consumer n. Compounds 1, retail price index n. at retail n.1, adj., and adv. Compounds.
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1908 Scotsman 17 July 9/2 At North Berwick..it has been anticipated..that the cost of living index number would be above the normal.]
1927 A. L. Bowley & J. C. Stamp National Income 1924 31 Average earnings of all wage-earners for a full working-week are estimated to have increased 94 per cent. between 1914 and 1924, while the Cost of Living Index rose 75 per cent.
1965 A. Seldon & F. G. Pennance Everyman's Dict. Econ. 96 Constructing a cost of living index requires investigation into the expenditure of a representative sample of households belonging to the group whose cost of living is to be studied.
2010 Daily Mirror 22 Mar. 18 Our cost-of-living index..shows 10 out of 25 everyday items fell in price.
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