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cost of living

 

Definitions from WordNet

Noun cost of living has 1 sense
  1. cost of living - 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"
    --1 is a kind of
    cost

Definitions from the Web

Term: Cost of Living

Definition:

Cost of Living refers to the amount of money required to maintain a certain standard of living, including expenses such as housing, food, transportation, healthcare, and other necessary expenditures.

Sample Sentences:

Noun:

1. The cost of living in New York City is significantly higher than in small towns.

2. Due to rising inflation, the cost of living has skyrocketed over the past decade.

Adjective:

1. The cost-of-living index helps individuals compare expenses in different cities.

2. High cost-of-living areas often offer higher salaries to compensate for the higher expenses.

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