diff --git a/docs/configuration/tooltip.md b/docs/configuration/tooltip.md
index 2014dcdac9c..0b9bf24385e 100644
--- a/docs/configuration/tooltip.md
+++ b/docs/configuration/tooltip.md
@@ -162,10 +162,18 @@ The tooltip items passed to the tooltip callbacks implement the following interf
 
 ```javascript
 {
-    // X Value of the tooltip as a string
+    // Label for the tooltip
+    label: string,
+
+    // Value for the tooltip
+    value: string,
+
+    // X Value of the tooltip
+    // (deprecated) use `value` or `label` instead
     xLabel: string,
 
-    // Y value of the tooltip as a string
+    // Y value of the tooltip
+    // (deprecated) use `value` or `label` instead
     yLabel: string,
 
     // Index of the dataset the item comes from
diff --git a/src/controllers/controller.horizontalBar.js b/src/controllers/controller.horizontalBar.js
index 85d31ba515e..62bd07d3b83 100644
--- a/src/controllers/controller.horizontalBar.js
+++ b/src/controllers/controller.horizontalBar.js
@@ -35,27 +35,6 @@ defaults._set('horizontalBar', {
 	},
 
 	tooltips: {
-		callbacks: {
-			title: function(item, data) {
-				// Pick first xLabel for now
-				var title = '';
-
-				if (item.length > 0) {
-					if (item[0].yLabel) {
-						title = item[0].yLabel;
-					} else if (data.labels.length > 0 && item[0].index < data.labels.length) {
-						title = data.labels[item[0].index];
-					}
-				}
-
-				return title;
-			},
-
-			label: function(item, data) {
-				var datasetLabel = data.datasets[item.datasetIndex].label || '';
-				return datasetLabel + ': ' + item.xLabel;
-			}
-		},
 		mode: 'index',
 		axis: 'y'
 	}
diff --git a/src/core/core.tooltip.js b/src/core/core.tooltip.js
index a04bec3fb6d..1c260f3e9fc 100644
--- a/src/core/core.tooltip.js
+++ b/src/core/core.tooltip.js
@@ -40,15 +40,15 @@ defaults._set('global', {
 			// Args are: (tooltipItems, data)
 			beforeTitle: helpers.noop,
 			title: function(tooltipItems, data) {
-				// Pick first xLabel for now
 				var title = '';
 				var labels = data.labels;
 				var labelCount = labels ? labels.length : 0;
 
 				if (tooltipItems.length > 0) {
 					var item = tooltipItems[0];
-
-					if (item.xLabel) {
+					if (item.label) {
+						title = item.label;
+					} else if (item.xLabel) {
 						title = item.xLabel;
 					} else if (labelCount > 0 && item.index < labelCount) {
 						title = labels[item.index];
@@ -70,7 +70,11 @@ defaults._set('global', {
 				if (label) {
 					label += ': ';
 				}
-				label += tooltipItem.yLabel;
+				if (!helpers.isNullOrUndef(tooltipItem.value)) {
+					label += tooltipItem.value;
+				} else {
+					label += tooltipItem.yLabel;
+				}
 				return label;
 			},
 			labelColor: function(tooltipItem, chart) {
@@ -206,10 +210,15 @@ function createTooltipItem(element) {
 	var yScale = element._yScale || element._scale; // handle radar || polarArea charts
 	var index = element._index;
 	var datasetIndex = element._datasetIndex;
+	var controller = element._chart.getDatasetMeta(datasetIndex).controller;
+	var indexScale = controller._getIndexScale();
+	var valueScale = controller._getValueScale();
 
 	return {
 		xLabel: xScale ? xScale.getLabelForIndex(index, datasetIndex) : '',
 		yLabel: yScale ? yScale.getLabelForIndex(index, datasetIndex) : '',
+		label: indexScale ? indexScale.getLabelForIndex(index, datasetIndex) : '',
+		value: valueScale ? valueScale.getLabelForIndex(index, datasetIndex) : '',
 		index: index,
 		datasetIndex: datasetIndex,
 		x: element._model.x,