Definition of "cost-of-living" []

• Describing an index or an increase in payment etc that is dependent upon the cost of living (adjective)

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• "The group also wants Mr. King to get the auto makers to give temporary workers permanent jobs, restore the cost-of-living wage increase and stop shutting plants and give more time than usual for workers to review a proposed contract before voting on its ratification."
• "People familiar with the talks have said the union leadership and the auto makers' management have an understanding that the new contract won't include automatic wage increases and cost-of-living raises, which were fixtures of past labor deals but were suspended in 2009."
• "He has called on legislators to increase the retirement age of state workers and eliminate cost-of-living adjustments."