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Living Costs Index Reflects Normal Family Expenses in U S
James Marlow explains the governments cost of living index measures prices for goods and services normally bought by moderate income urban families. It tracks items from food and rent to medical care and theater, with data gathered by Bureau of Labor Statistics staff and field workers across cities. Ensuing details describe sampling methods and lag in reporting.
MENTIONED IN THIS ARTICLE
U. S
Labor Department
Bureau of Labor Statistics