The
Cost of Living Index
A cost-of-living index is a theoretical price index that measures relative cost of living over time or regions. It is an index that measures differences in the price of goods and services, and allows for substitutions with other items as pri ...
(COLI), formerly the ''ACCRA Cost of Living Index'' is a measure of
living cost differences among urban areas in the
United States
The United States of America (U.S.A. or USA), commonly known as the United States (U.S. or US) or America, is a country Continental United States, primarily located in North America. It consists of 50 U.S. state, states, a Washington, D.C., ...
compiled by the
Council for Community and Economic Research. First published in 1968, the index compares the price of goods and services among metro areas across the US. The index is widely used by
economist
An economist is a professional and practitioner in the social sciences, social science discipline of economics.
The individual may also study, develop, and apply theories and concepts from economics and write about economic policy. Within this ...
s, researchers and
corporation
A corporation is an organization—usually a group of people or a company—authorized by the state to act as a single entity (a legal entity recognized by private and public law "born out of statute"; a legal person in legal context) and ...
s to measure relative cost of living.
References
External links
Cost of Living Index
Price indices
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