Glossary · Financial
Cost of Living Index (COL Index)
Relative cost benchmark vs. a national baseline.
Definition
A cost of living index expresses local prices for housing, transportation, food, and services relative to a national baseline of 100. A COL of 130 means costs are 30% above national average.
How SalaryScopePro uses this term
We surface cost of living index (col index) across salary results, occupation pages, city pages, and Premium Reports — with consistent definitions and methodology. See methodology and data sources for how the underlying numbers are computed.
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