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English definition of “cost of living index”

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cost of living index

noun [C, usually singular]
 
 
ECONOMICS a list of the prices of basic goods and services, showing how they change in a particular period of time, as a way of measuring inflation: The newspaper's own unofficial cost of living index shows that prices are rising much faster than has been officially stated. →  See also consumer price index , retail price index
Translations of “cost of living index”
in Chinese (Traditional) 零售物價指數…
in Chinese (Simplified) 零售物价指数…
(Definition of cost of living index from the Cambridge Business English Dictionary © Cambridge University Press)
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