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.
For example, Harris Towing Service & Auto Repair Center in Delaware has a flat rate of $60 for local towing; long-distance is a $75 hook-up fee plus $3.50 per mile; and towing a heavy-duty vehicle has a $150-$175 hook-up fee plus $5.50-$7.00 per mile.