Cost of living

Cost of living,

Definition of Cost of living:

  1. Price of goods and services required for maintaining an average level standard of living. Cost of living varies from place to place, and from time to time.

  2. The level of prices relating to a range of everyday items.

Synonyms of Cost of living

Budget, Budget items, Burden of expenditure, Carrying charge, Charges, Consumer price index, Cost, Cost-of-living allowance, Cost-of-living index, Costs, Direct costs, Disbursals, Distributed costs, Expense, Expense account, Expenses, General expenses, Indirect costs, Labor costs, Liabilities, Material costs, Operating costs, Operating expense, Overhead, Prime cost, Real wages, Replacement cost, Standard of comfort, Standard of life, Standard of living, Swindle sheet, Take-home, Take-home pay, Unit cost

How to use Cost of living in a sentence?

  1. Minimum wage workers in the State of Missouri do not earn enough to meet the current cost of living without getting welfare from the state.
  2. You should always factor in the cost of living any time you are thinking about moving somewhere new for the first itme.
  3. It is crucial to find out what your cost of living will be when moving into a new area, as you will need adequate funding.
  4. The main reason for this is inflation, basically the broad measure of the rising price of the cost of living.

Meaning of Cost of living & Cost of living Definition

Cost Of Living,

What is The Definition of Cost Of Living?

  1. A simple definition of Cost Of Living is: Care costs are the amount needed to cover basic expenses such as housing, food, taxes and medical care at a specific place and time. The cost of living is often compared to the cost of living in one city. Additional costs are related to wages. If the cost is higher in a city like New York, people should be paid more to live in that city.

    • Rehabilitation costs are the amount needed to pay for expenses such as maintaining a certain standard of living, housing, food, taxes and medical care.
    • Wages are expected to reflect the high cost of living in expensive cities such as New York.
    • The cost of the housing index compares the cost of living in a large city with a similar metropolitan area.

  2. A simple definition of Cost Of Living is: The standard of living that people need to live on, such as food, shelter and clothing.

Literal Meanings of Cost Of Living

Cost:

Meanings of Cost:
  1. Payment (a sum of money) is required before the acquisition or realization of (an item or action).

Synonyms of Cost

be priced at, sell for, be valued at, fetch, come to, amount to, be, value, put a price on, put a value on, put a figure on, estimate the cost of, estimate the price of, evaluate, asking price, market price, selling price, fee, tariff, fare, toll, levy, hire charge, rental

Of:

Meanings of Of:
  1. Shows association between two entities, usually an association.

  2. It shows the relationship between the address and the historical landmark.

  3. Express the relationship between a general type or type and the specific items that fall into this category.

  4. Derived from or associated with a verb.

Sentences of Of
  1. A 5% increase

Synonyms of Of

by, made by, done by, carried out by, caused by, from

Living:

Meanings of Living:
  1. Enough income to live on or sources of income.

  2. Finding a specific type of lifestyle.

Synonyms of Living

livelihood, income, source of income, means of support, means, subsistence, keep, maintenance, sustenance, nourishment, daily bread, upkeep, way of life, lifestyle, manner of living, way of living, mode of living, alive, live, having life