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cost of living

noun

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.

cost of living

noun

1. the basic cost of the food, clothing, shelter, and fuel necessary to maintain life, esp at a standard regarded as basic or minimal
2. ( as modifier )
  the cost-of-living index
the average expenditure of a person or family in a given period

cost of living

The average cost of the basic necessities of life, including food, shelter, and clothing.

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In the United States, the cost of living is monitored in the consumer price index (formerly called the cost-of-living index), published monthly by the federal government.

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Other Word Forms

cost-of-living adjective

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Word History and Origins

Origin of cost of living¹

First recorded in 1895–1900

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Example Sentences

Examples have not been reviewed.

A GEL spokesperson said the utility "absolutely understands the strength of feeling amongst some islanders" and the "impact on customers already struggling with the cost of living".

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Many countries around the world are already suffering a cost of living crisis.

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"The cost of living is absolutely horrendous for everyone at the moment, even doing a weekly food shop, it's going up week by week, so adding on a £15 tin of formula is just unattainable."

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He said: "The lower parts of society, the people that have fallen off the edge due to the cost of living crisis ... charitable organisations are not being able to cope."

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The council said its cost of living support hub was also available for people who could not attend a roadshow.

From

costo-cost-of-living adjustment

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