DEFINITION of 'Consumer Price Index-CPI'. A measure that examines the weighted average of prices of a basket of consumer goods and services, such as transportation, food and medical care.The CPI is calculated by taking price changes for each item in the predetermined basket of goods and averaging them; the goods are weighted according to their importance.EFINITION of 'Consumer Price Index-CPI'. A measure that examines the weighted average of prices of a basket of consumer goods and services, such as transportation, food and medical care.
Quick Answer. As of 2015, the average cost of a 5-mile tow ranges from $35 to $125, which averages out to $7 to $25 per mile. This price includes the base rate of the truck, also known as the hook-up fee. Continue Reading.
Many tow truck companies have a hook-up fee and then charge per mile. Know what prices to expect when you call for a tow truck. Itâs not a phone call anyone wants to make. But knowing the number of a reputable towing service can save you big, if you ever find yourself in a jam on the side of the road.