Wiktionary
cost-of-living
a. Describing an index or an increase in payment etc that is dependent upon the cost of living alt. Describing an index or an increase in payment etc that is dependent upon the cost of living
Usage examples of "cost-of-living".
I tried to add up how high that price had been, considering the altitudinous cost-of-living index of Bermuda.
And when his salary reached thirty-seven dollars and fifty cents a fortnight the _Sentinel_ started giving COLA, a cost-of-living allowance.
Even if she had a studio apartment, this was a little pricey, her cost-of-living allowance notwithstanding.
For example, when I met with Senate and House leaders on the budget, Leon Panetta suggested that we have a one-time three-month delay in increasing the Social Security cost-of-living allowance.