ACCRA Cost Of Living Index - COLI


DEFINITION of 'ACCRA Cost Of Living Index - COLI'

A measure of key living costs compiled by the Council for Community and Economic Research. The ACCRA COLI compares cost of living differences between urban areas in the United States weighted by different types of consumer expenditures in mid-management households. The index is used by economists, corporations and researchers to assess relative living costs. First published in 1968, it is available quarterly.


The ACCRA Cost of Living Index compares the prices of goods and services within certain participating urban regions. ACCRA COLI data is recognized by the U.S. Census Bureau, U.S. Bureau of Labor Statistics, CNN Money and the President's Council of Economic Advisors. The index compares the cost of living in more than 300 U.S. cities.

  1. Cost of Living

    The amount of money needed to sustain a certain level of living, ...
  2. Consumer Goods

    Products that are purchased for consumption by the average consumer. ...
  3. Cost Of Living Adjustment - COLA

    An adjustment made to Social Security and supplemental security ...
  4. Personal Consumption Expenditures ...

    A measure of price changes in consumer goods and services. Personal ...
  5. Consumer Price Index - CPI

    A measure that examines the weighted average of prices of a basket ...
  6. Bureau of Census

    A division of the federal government of the United States Bureau ...
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  1. What is the difference between the cost of living and the cost of inflation?

    Cost of living metrics are often confused with inflation and vice versa. While both cost of living and inflation measure ... Read Full Answer >>
  2. How is the cost of living index calculated?

    There is no official cost of living index created or reported by the U.S. government. Unofficial indexes are offered by multiple ... Read Full Answer >>
  3. Are Social Security benefits adjusted for inflation?

    Social Security benefits are adjusted for inflation. This adjustment is known as the cost of living adjustment (COLA). For ... Read Full Answer >>
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    In economic history, industrialization is the social and economic transformation of the human group from an agrarian society ... Read Full Answer >>
  5. What economic indicators are important to consider when investing in the retail sector?

    The unemployment rate and Consumer Confidence Index (CCI) rank as two of the most important economic indicators to consider ... Read Full Answer >>
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    Autonomous consumption is the level of consumption necessary to support everyday life in a zero-income scenario. Put another ... Read Full Answer >>

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