Cost of Living by Household Type: methodology

What this metric measures

How fast the cost of living is rising for five kinds of household: employees, age pensioners, pensioner and beneficiary households, other government transfer recipients and self-funded retirees. The headline line is the all-groups consumer price index, for comparison.

Why it matters: Households spend their money differently, so the same price rises are not felt equally. The Selected Living Cost Indexes weight prices by what each type of household actually buys, so they show who is being hit hardest.

Source & provenance

Publisher

ABS Selected Living Cost Indexes (Cat. 6467.0), annual % change, all groups; the headline line is the all-groups CPI (Cat. 6401.0), derived from the quarterly index.

Update frequency

quarterly

Licence

CC BY 4.0

How the score is computed

The score is a 0–100 normalisation of the latest observation, compared to a baseline window. The traffic-light rating (RAG) reflects both the absolute level and the recent trend.

Direction

Context-dependent

Trend window

24 months

Baseline

Last 10 years

{
  "neutral": true
}