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price index vs cost-of-living index

cost-of-living index vs price index

price index and cost-of-living index both are nouns.

Word NounAdjectiveVerbAdverb
price index Yes No No No
cost-of-living index Yes No No No
As nouns, cost-of-living index is a hyponym of price index; that is, cost-of-living index is a word with a more specific, narrower meaning than price index:
  • price index: an index that traces the relative changes in the price of an individual good (or a market basket of goods) over time
  • cost-of-living index: an index of the cost of all goods and services to a typical consumer
price index (noun) cost-of-living index (noun)
an index that traces the relative changes in the price of an individual good (or a market basket of goods) over time an index of the cost of all goods and services to a typical consumer
Difference between price index and cost-of-living index

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