cost of living

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  • noun

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average cost of basic necessities of life (as food and shelter and clothing)

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Although they have not received a cost-of-living increase since 2008, eligible Lane County nonunion employees have received annual step increases of 4 percent to 6 percent, until they hit the top scale for their position.
How these differences affect a family's ability to pay for college is unclear, in part because no official measure of geographic cost-of-living differences exists.
1980, "The Substitution Bias of the Laspeyres Price Index: An Analysis Using Estimated Cost-of-Living Indexes," American Economic Review, 70, 64-76.
edu/brbinfo/and click on ACCRA Cost-of-Living Index (COLI) to give it a try
Six states adjust minimum wages according to cost-of-living expenses.
Cost-of-living indexes (COLIs) measure the extent of difference in the costs of consumer goods and services across different geographic areas.
For most limitations, the increase in the cost-of-living index met the statutory thresholds that trigger their adjustment.
For most of the limitations, the increase in the cost-of-living index met the statutory thresholds that trigger their adjustment.
The IRS releases 2003 cost-of-living adjustments related to benefit and contribution limits for qualified retirement plans (www.
Furthermore, keeping the difference in mind helps one see how price statistics such as the consumer price index (CPI) combine cost-of-living changes (which the central bank cannot control) with inflation (which the central bank can control).
According to the Economist Intelligence Unit's latest cost-of-living survey, World Cup venues Tokyo and Osaka reign as the two most expensive cities in the world.
The annual EIU survey, conducted since 1991, serves as a cost-of-living guide for expatriate business executives.
They must come in and offer the shares to us to break the back of this cost-of-living cartel that we have in the country," he told the National Assembly during debate on the 2001 National Budget.
The Gardens has told us its inflation is not unlike the cost-of-living increases that we all experience with food, utilities, real estate taxes, and insurance.
a) In the 1990s, public-college tuition increases outpaced cost-of-living hikes.