COST OF LIVING Definition & Meaning

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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 51�Թ� Forms

cost-of-living adjective

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51�Թ� History and Origins

Origin of cost of living¹

First recorded in 1895–1900

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Example Sentences

Examples have not been reviewed.

Skyrocketing cost of living and veterinary care expenses have also prompted people to get rid of their pet family members, several rescues said.

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But instead of chasing the latest new releases, some gamers are seeking out titles from the 80s or 90s - not just for a hit of nostalgia, but to help with the rising cost of living.

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Since last year, they have been driven by anger over the high cost of living, aggressive taxation, corruption and police brutality.

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The protests - mainly led by young Kenyans - reflect growing discontent over issues like the cost of living, tax hikes, runaway public debt, and police brutality.

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People who receive an annual financial bonus to support with the rising cost of living will be sent it earlier than usual, the Jersey government says.

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costo-cost-of-living adjustment

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