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. Consumer Price Index - CPI

    A measure that examines the weighted average of prices of a basket ...
  4. Personal Consumption Expenditures ...

    A measure of price changes in consumer goods and services. Personal ...
  5. Cost Of Living Adjustment - COLA

    An adjustment made to Social Security and supplemental security ...
  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. Is Israel a developed country?

    Israel is considered a developed country, although it has substantial poverty and large income gaps. The International Monetary ... Read Full Answer >>
  4. Is Spain a developed country?

    Spain is a developed country. Nearly all organizations that analyze development status classify it as such. Spain has a strong ... Read Full Answer >>
  5. Is Malaysia a developed country?

    Despite undergoing rapid economic development over the past five decades, Malaysia is not considered a developed country, ... Read Full Answer >>
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    As of 2015, Chile is the only country in Latin America that is generally recognized as a developed country. In 2010, the ... Read Full Answer >>

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