What Is The Meaning Of The Term Cost Of Living

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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.

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

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

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

COST OF LIVING meaning in the Cambridge English Dictionary

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

us / ˈkɔst əv ˈlɪv·ɪŋ, ˈkɑst / the amount of money that a person needs to buy food, housing, and other basic things: The cost of living is lower in the Midwest. (Definition of cost of living from the Cambridge Academic Content Dictionary © Cambridge University Press)

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.

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.

Living Wage Definition

https://www.investopedia.com/terms/l/living_wage.asp

Oct 02, 2019 · The cost of living is the amount a person needs to spend to cover basic expenses such as housing, food, taxes, and healthcare in a particular place.

Cost-of-Living Adjustment (COLA) Definition

https://www.investopedia.com/terms/c/cola.asp

Sep 22, 2020 · The cost of living is the amount a person needs to spend to cover basic expenses such as housing, food, taxes, and healthcare in a particular place. more Medicare Hold Harmless Provision

Cost of Living Adjustment: Definition, Calculation

https://www.thebalance.com/what-is-the-cost-of-living-adjustment-3305736

Aug 28, 2020 · The cost of living adjustment is an increase in income that keeps up with the cost of living. It's often applied to wages, salaries, and benefits. These include union agreements, executive contracts, and retiree benefits. For example, the government uses a …

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 a practice that is implemented to help keep employees' pay on par with the rise of prices related to living (inflation). This practice is most significantly used by the government in relation to Social Security but may also be applied by …