cost-of-living index Sentence Examples

  1. Economists use the cost-of-living index to measure changes in the average prices of goods and services over time.
  2. The government relies on the cost-of-living index to adjust social security benefits to keep pace with inflation.
  3. A low cost-of-living index can make a city more attractive to retirees seeking affordable living options.
  4. Rising housing costs contribute to an increase in the cost-of-living index in metropolitan areas.
  5. The cost-of-living index reflects regional differences in expenses, such as housing, healthcare, and transportation.
  6. Investors monitor the cost-of-living index to assess the purchasing power of consumers and anticipate market trends.
  7. A decline in the cost-of-living index can indicate deflationary pressures on the economy.
  8. Governments use the cost-of-living index to allocate resources and determine eligibility for social welfare programs.
  9. Researchers analyze the cost-of-living index to evaluate disparities in living standards across demographic groups.
  10. The cost-of-living index provides valuable insights for policymakers in crafting economic policies and addressing income inequality.

cost-of-living index Meaning

Wordnet

cost-of-living index (n)

an index of the cost of all goods and services to a typical consumer

Synonyms & Antonyms of cost-of-living index

No Synonyms and anytonyms found

FAQs About the word cost-of-living index

an index of the cost of all goods and services to a typical consumer

No synonyms found.

No antonyms found.

Economists use the cost-of-living index to measure changes in the average prices of goods and services over time.

The government relies on the cost-of-living index to adjust social security benefits to keep pace with inflation.

A low cost-of-living index can make a city more attractive to retirees seeking affordable living options.

Rising housing costs contribute to an increase in the cost-of-living index in metropolitan areas.