The consumer price index or CPI is a more direct measure than per capita GDP of the standard of living in a country. It is based on the overall cost of a fixed basket of goods and services bought by a typical consumer, relative to price of the same basket in some base year.hile the CPI is a convenient way to compute the cost of living and the relative price level across time, because it is based on a fixed basket of goods, it does not provide a completely accurate estimate of the cost of living.
The average hospital charge for a total knee replacement (TKR) in the United States is $49,500. A partial knee replacement (PKR) typically costs about 10 to 20 percent less than a TKR. The main reason is that the operation requires a shorter hospital stay.For example: an average of 2.3 days, compared to 3.4 days.Keep in mind that hospital charges donât reflect the amount you pay out of pocket.he cost of a knee replacement can vary substantially, even within the same geographical area. The final hospital charge depends on many factors, including: 1  number of days spent in the hospital: This will vary depending on the type of knee replacement you have (total, partial, or bilateral).
If you donât have insurance and will be paying for your knee replacement, itâs wise to research knee replacement costs. The United States is known for wide variation in healthcare costs. The average national price for a knee replacement in 2012 was about $20,000 plus the cost of the implant.Implants can cost up to $10,000. Your choice of hospital or operating facility can be the biggest factor in the cost of your knee replacement.he average national price for a knee replacement in 2012 was about $20,000 plus the cost of the implant. Implants can cost up to $10,000. Your choice of hospital or operating facility can be the biggest factor in the cost of your knee replacement.