cost of living

cost of living
average cost of basic necessities of life (as food and shelter and clothing) (Freq. 3)

a rise in the cost of living reflects the rate of inflation

Hypernyms: ↑cost

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noun, pl costs of living [count]
: the amount of money that is required in a particular area or society to pay for the basic things that people need (such as food, clothing, and housing)

The city has one of the highest costs of living in the world.

— usually singular

Every year or so, we get a pay raise to compensate for the rising cost of living.

The cost of living is much higher in that area.

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the ˌcost of ˈliving [cost of living] noun singular
the amount of money that people need to pay for food, clothing and somewhere to live

a steady rise in the cost of living

the high cost of living in London

Useful english dictionary. 2012.

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  • cost of living — cost of living, adj. the average cost of food, clothing, and other necessary or usual goods and services paid by a person, family, etc., or considered as a standard by the members of a group. [1895 1900] * * * Monetary cost of maintaining a… …   Universalium

  • cost of living — ˌcost of ˈliving noun ECONOMICS the cost of living the average amount of money people in a particular place spend on food, clothes, or a place to live: • The cost of living rose by over 2.5% in the first half of this year. * * * cost of living UK …   Financial and business terms

  • cost of living — cost of liv·ing: the cost of purchasing those goods and services which are included in an accepted standard level of consumption Merriam Webster’s Dictionary of Law. Merriam Webster. 1996. cost of living …   Law dictionary

  • cost of living — n the cost of living the amount of money you need to pay for the food, clothes etc you need to live ▪ Average wages have increased in line with the cost of living …   Dictionary of contemporary English

  • cost-of-living — adjective a cost of living allowance Thesaurus: prices and costssynonym types of prices and describing prices and costshyponym Main entry: cost of living …   Useful english dictionary

  • cost of living — n. the average cost of the necessities of life, such as food, shelter, clothes and medical expenses …   English World dictionary

  • Cost of living — For other uses, see The Cost of Living (disambiguation). Cost of living is the cost of maintaining a certain standard of living. Changes in the cost of living over time are often operationalized in a cost of living index. Cost of living… …   Wikipedia

  • Cost of Living — The amount of money needed to sustain a certain level of living, including basic expenses such as housing, food, taxes, and healthcare. Cost of living is often used when comparing how expensive it is to live in one city versus another. Cost of… …   Investment dictionary

  • cost of living — Synonyms and related words: budget, budget items, burden of expenditure, carrying charge, charges, consumer price index, cost, cost of living allowance, cost of living index, costs, direct costs, disbursals, distributed costs, expense, expense… …   Moby Thesaurus

  • cost of living — N SING The cost of living is the average amount of money that people in a particular place need in order to be able to afford basic food, housing, and clothing. The cost of living has increased dramatically... Companies are moving jobs to towns… …   English dictionary

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