What does cost of living mean?
Definitions for cost of living
cost of liv·ing
This dictionary definitions page includes all the possible meanings, example usage and translations of the word cost of living.
Princeton's WordNet
cost of livingnoun
average cost of basic necessities of life (as food and shelter and clothing)
"a rise in the cost of living reflects the rate of inflation"
Wiktionary
cost of livingnoun
The average cost of a standard set of basic necessities of life, especially of food, shelter and clothing
Wikipedia
Cost of living
Cost of living is the cost of maintaining a certain standard of living. Changes in the cost of living over time can be operationalized in a cost-of-living index. Cost of living calculations are also used to compare the cost of maintaining a certain standard of living in different geographic areas. Differences in cost of living between locations can be measured in terms of purchasing power parity rates.
ChatGPT
cost of living
Cost of living refers to the amount of money an individual or household needs to maintain a certain standard of living in a particular location. It includes necessary expenses such as housing, food, taxes, healthcare, education, utilities, and transportation. The cost of living is often used to compare how expensive it is to live in one city or country versus another.
Wikidata
Cost of Living
"Cost of Living" is the name of the 120th episode of Star Trek: The Next Generation. The 20th episode of the fifth season.
Editors Contribution
cost of living
The amount of money required to sustain a certain and specific standard of living.
At present the cost of living is specific in each country, as we move forward and have a planetary currency the plan is it is going to be equal and identical in each country.
Submitted by MaryC on January 22, 2021
Matched Categories
Numerology
Chaldean Numerology
The numerical value of cost of living in Chaldean Numerology is: 6
Pythagorean Numerology
The numerical value of cost of living in Pythagorean Numerology is: 7
Examples of cost of living in a Sentence
We want to be in some place where people support job creation, which is attractive to talent, good cost of living, and it is supportive in what a high-tech exporter has to be all about.
We increased hourly pay close to 20 % [ but ] the cost of living is off the charts, some are commuting upwards of an hour and a half each way and you add on gas prices and it's like, how does the math work ?
It could have never succeed if I hadn’t paid off my debt to minimize my cost of living. i was lucky to receive six months advance notice of the layoff, so for those six months I spent all my waking hours working to earn extra money to pay down our debt.
I think it's all about economics, the cost of living is at a point where people who are leaving because they're looking for somewhere that doesn't cost quite as much.
People who say cost of living has nothing to do with Brexit are in denial, in the long run, it's reducing imports and exports and that is likely to make Boris Johnson somewhat poorer than Boris Johnson otherwise would have been.
Translations for cost of living
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"cost of living." Definitions.net. STANDS4 LLC, 2024. Web. 27 Apr. 2024. <https://www.definitions.net/definition/cost+of+living>.
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