More than 50, 000 individual prices are collected in each survey round, and a cost-of-living index is calculated from the price data to express the difference in the cost of living between any two cities.
Daniel Moynihan, D-New York, says the consumer price index overstates the cost of living between .7 and .2 percent.
CNN: Budget cutters take hard look at Social Security - Sept. 27, 1995
The consumer price index, which determines that cost of living adjustment, is too generous, according to a study commissioned by the Senate Finance Committee.
CNN: Budget cutters take hard look at Social Security - Sept. 27, 1995
Not with the cost of living index the way it is.
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According to the ACCRA Cost of Living Index for the second quarter of 2011, Baltimore was at 119, and the Bethesda area sat at 129.
Complicating the budget situation is the president's decision against a commission to study a downward revision in the Consumer Price Index, which would reduce cost-of-living adjustments for Social Security recipients and trim other federal benefits.
Cost Of Living Extremely Well Index Jody Yen Our CPI for the Lear jet set is up only 2.8% this year.
Over the past 12 months, our Cost of Living Extremely Well Index (CLEWI) climbed 4%, keeping pace with the CPI.
Eighteen states and the District of Columbia have minimum wages above the federal level, and 10 states index their minimum wage to inflation to automatically rise with the cost of living.
The CPI was a more "appropriate" measure for changes in the cost of living of pensioners and benefit recipients than the retail price index (RPI), he said.
Investing in actively-managed mutual funds that charge high fees can lower your standard of living in retirement by as much as one-third over a low-cost index fund strategy.
We took the job-growth and cost-of-living rankings, and added to the mix a housing affordability index from research firm Moody's Economy.com and a salary index from Seattle-based compensation collection firm PayScale .
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