Cost-of-living index
Term · Economic statistics · MLC-T-ECS-000426
A conceptual measurement of changes over time in the amount that consumers need to spend to reach a certain standard of living.
Note: For more information, see question 9 of the CPI FAQs.
| Identifier | MLC-T-ECS-000426 |
|---|---|
| Field | Economic statistics |
| References | BLS Glossary |
Record as JSON
{
"id": "MLC-T-ECS-000426",
"term": "Cost-of-living index",
"field": "Economic statistics",
"definition": "A conceptual measurement of changes over time in the amount that consumers need to spend to reach a certain standard of living.\n\nNote: For more information, see question 9 of the CPI FAQs.",
"references": [
"BLS Glossary"
],
"url": "https://mlchart.com/terminology/economic-statistics/cost-of-living-index/"
}
Record 426 of 2,177 in Economic statistics terminology (MLC-0116). Request the full dataset.