What is another word for price level?
Pronunciation: [pɹˈa͡ɪs lˈɛvə͡l] (IPA) 
Price level is a term used to describe the general level of prices across an economy. It helps to measure inflation and helps businesses to plan their pricing strategies. However, there are other synonyms that can be used to express the same idea. Some of the synonyms for price level include cost of living, inflation rate, purchasing power, index of prices and overall price index. Other synonyms can be market prices, consumer prices, monetary value or financial worth. The use of synonyms enhances our writing and amplifies the understanding of our message. Ultimately, with multiple synonyms for the same word, we can ensure that our ideas are better expressed.
