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Cost in A = Cost in USGC x LF(A) where A is the location for which cost is being evaluated and LF(A) is the location factor for the location A relative to USGC Location factors are greatly influenced by currency exchange rates due to their significant effect on Index value and hence vary drastically with time

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Abstract Marshall & Swift Equipment Cost Index was created to make comparisons between two former quarters or years Index comparisons are developed by dividing the index for the date for which a cost is desired by the index for the date of the known cost and multiplying the resulting factor by the known cost

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appropriate index factor (from Table 3) should be applied to the equipment cost along with a percent good factor (from Table 5) for construction mobile equipmenthe appropriate index T factor (from Table 3) should be applied to the equipment cost along with a percent good factor (from Table 6) for agricultural mobile equipment

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A cost index is made up of a market basket of equipment and indicates the general direction in which equipment costs are moving They represent an estimate of the trends in installed equipment

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