price level

noun

An index of the average market price of selected goods weighted according to certain criteria.

Similar
price index
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Meanings

nounprice level (plural price levels)

plural price levels

  1. economicsAn index of the average market price of selected goods weighted according to certain criteria.

Synonyms & antonyms

nounan index that traces the relative changes in the price of an individual good (or a market basket of goods) over time

Similar
price index
Broader
indexindex numberindicant
Also see
price index

Synonym sets from Open English WordNet, CC BY 4.0.

Translations

Finnish hintataso
  • hintatasoaverage market price of certain goods or services
Indonesian tingkat harga
  • tingkat hargaaverage market price of certain goods or services
Malay tingkat harga
  • tingkat hargaaverage market price of certain goods or services
Tagalog kapantayan ng bili
  • kapantayan ng biliaverage market price of certain goods or services
Cite this entry
APA

price level. (n.d.). In WatkinsX Dictionary. Retrieved November 4, 2026, from https://dictionary.watkinsx.com/word/price%20level

MLA

“price level.” WatkinsX Dictionary, https://dictionary.watkinsx.com/word/price%20level. Accessed November 4, 2026.

Chicago

WatkinsX Dictionary, s.v. “price level,” accessed November 4, 2026, https://dictionary.watkinsx.com/word/price%20level.

Source: price level on Wiktionary, CC BY-SA 4.0.