The Cost Of Living Definition

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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 Definition of Cost Of Living by Merriam ...

https://www.merriam-webster.com/dictionary/cost%20of%20living

Definition of cost of living : the cost of purchasing those goods and services which are included in an accepted standard level of consumption First Known Use of cost of living

COST OF LIVING definition in the Cambridge English ...

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

ECONOMICS. 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.

COST OF LIVING meaning in the Cambridge English Dictionary

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

cost of living definition: 1. the amount of money that a person needs to live: 2. the amount of money that a person needs to…. Learn more.

Cost of living dictionary definition cost of living defined

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

noun 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. YourDictionary definition and usage example.

Cost of living Definition of Cost of living at ...

https://www.dictionary.com/browse/cost-of-living

Cost of living definition, 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 …

Cost of living economics Britannica

https://www.britannica.com/topic/cost-of-living

Cost of living, monetary cost of maintaining a particular standard of living, usually measured by calculating the average cost of a number of specific goods and services required by a particular group. The goods and services used as indexes may be the minimum necessary to preserve health or may be what is considered average for a given income group, depending on the purposes of the index.

Cost of Living: Definition, Calculation, Rank

https://www.thebalance.com/cost-of-living-define-calculate-compare-rank-3305737

Sep 24, 2020 · The cost of living is an index, so your specific expenses might be higher or lower depending on where you live. For example, your fuel expenses would be higher if you live in New York than it would if you live in Mississippi.

What Is an Average Cost of Living Raise? Definition and ...

https://www.indeed.com/career-advice/pay-salary/average-cost-of-living-raise

Sep 03, 2020 · A cost of living raise is an increase in income that correlates with the rise in the cost of living. A cost of living raise may also be referred to as a cost of livingadjustment (COLA) or cost of living increase. This raise is most often applied in terms of benefits, salaries and wages and may be implemented by companies and the government.