Cost Of Living Definition And Example

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Cost of Living Definition

https://www.investopedia.com/terms/c/cost-of-living.asp

Sep 20, 2020 · The cost of living is the amount of money needed to cover basic expenses such as housing, food, taxes, and healthcare in a certain place and time period. The cost of living is often used to compare...

Cost of living dictionary definition cost of living defined

https://www.yourdictionary.com/cost-of-living

The definition of the cost of living is the average cost of all basic necessities including food, housing, utilities, transportation, clothing and health care expenses. An example of the cost of living is the amount of money it would cost to have a minimum standard of living in a particular city.

COST OF LIVING definition in the Cambridge English ...

https://dictionary.cambridge.org/us/dictionary/english/cost-of-living

the amount of money that people need to spend in order to buy basic goods or services such as food, clothes, and a place to live: The rising cost of living in the country has forced many people to take second jobs. an increase / fall in the cost of living. a high/ low cost of living.

What is the cost of living? Definition and example ...

https://marketbusinessnews.com/financial-glossary/cost-of-living/

Definition and example. The cost of living refers to how much money people need to live, i.e., purchase food, clothing, transport, a home, pay utility bills, health care, and other basic items. The amount of money an individual requires to maintain a minimum standard of living is the cost of living. Economists and policymakers use it as a measurement that allows them to compare …

Cost of living definition and meaning Collins English ...

https://www.collinsdictionary.com/dictionary/english/cost-of-living

Oct 06, 2020 · noun. 1. a. the basic cost of the food, clothing, shelter, and fuel necessary to maintain life, esp at a standard regarded as basic or minimal. b. ( as modifier ) the cost-of-living index. 2. the average expenditure of a person or family in a given period.

COST OF LIVING meaning in the Cambridge English Dictionary

https://dictionary.cambridge.org/dictionary/english/cost-of-living

the amount of money that people need to spend in order to buy basic goods or services such as food, clothes, and a place to live: The rising cost of living in the country has forced many people to take second jobs. an increase / fall in the cost of living. a high/ low cost of living.