cost of living definition

  • noun:
    • the common price of the basic needs of life, such as for instance meals, refuge, and clothing.
    • The cost of standard needs as defined by an accepted standard.
    • the typical price of a typical collection of standard necessities of life, especially of meals, refuge and clothes
    • average price of standard needs of life (as food and refuge and clothes)
    • the typical price of the basic necessities of life, such food, refuge, and garments.
    • the price of basic requirements as defined by a recognized standard.
    • The average cost of a standard pair of fundamental requirements of life, especially of meals, housing and clothing
    • normal cost of basic necessities of life (as food and protection and clothing)

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