What is another word for the cost-of-living index?

Pronunciation: [ðə kˈɒstɒvlˈɪvɪŋ ˈɪndɛks] (IPA)

The cost-of-living index, also known as the Consumer Price Index (CPI), is a measure of the average change in prices of goods and services that households consume. It is used to compare the cost of living between major cities or regions. There are several synonyms for the cost-of-living index, including the inflation rate, purchasing power index (PPI), and consumer price index for urban wage earners and clerical workers (CPI-W). The inflation rate measures the increase in prices of goods and services over a certain period, while the PPI gauges the relative prices of goods and services in different locations. The CPI-W is a more specific version of the CPI, focusing on households with urban wage earners and clerical workers.

Synonyms for The cost-of-living index:

What are the hypernyms for The cost-of-living index?

A hypernym is a word with a broad meaning that encompasses more specific words called hyponyms.

Related words: cost of living index, cost of living, how much does cost of living vary around the world, cost of living comparison, how much does it cost to live in different countries, cost of food in different countries, worlds costliest cities, what is the cost of living in a city

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