Cost-of-Living Council

A Cost-of-Living Council is a group or organization that monitors and evaluates the costs associated with living in a certain area. This includes expenses such as housing, food, transportation, and healthcare. The council's main purpose is to assess how these costs impact residents' financial well-being and to recommend policies that help maintain affordability. By analyzing economic data and trends, they aim to ensure that wages and resources keep pace with living expenses, ultimately striving to improve the quality of life for individuals and families in the community.