cost of living

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cost of living

n.
1. The average cost of the basic necessities of life, such as food, shelter, and clothing.
2. The cost of basic necessities as defined by an accepted standard.

cost′-of-liv′ing adj.

cost of living

n
1. (Economics)
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. (Economics) the average expenditure of a person or family in a given period

cost′ of liv′ing


n.
the average that a person or family pays for such necessary goods and services as food, clothing, and rent.
ThesaurusAntonymsRelated WordsSynonymsLegend:
Noun1.cost of living - average cost of basic necessities of life (as food and shelter and clothing); "a rise in the cost of living reflects the rate of inflation"
cost - the total spent for goods or services including money and time and labor
References in classic literature ?
Her living costs me next to nothing; and it's no use her listening at keyholes; for she can't hear.
Labour will increase the amount students can get in student allowances and living cost loans by $50 a week, while accelerating our plan to make three years of post-secondary education free, says Leader of the Opposition Jacinda Ardern.
Shadow Education Minister Angela Burns AM added: "The time has come to remodel higher education funding in Wales, with the nation requiring a more sustainable policy that offers greater priority to a system of living cost support.
Students living away from home can apply for living cost loans, these go up to pounds 5,500 a year (pounds 7,675 a year if you''re at a London university and living away from your parents home) Additional financial support may also be available for students with disabilities, children or adult dependants.
OF MAKE: REPAYMENT Students living away from home can apply for living cost loans, these go up to pounds 5,500 a year (pounds 7,675 a year if you're at a London university and living away from your parents' home) Additional financial support may also be available for students with disabilities, children or adult dependants.
Living cost loan - A loan is available to help with your living costs such as food, accommodation and travel.
According to the most recent research from Halifax, based on the average UK household monthly living cost of GBP2,043 and the average gross monthly income of GBP2,956, the bank has calculated that 22 May would be "Income Independence Day".
High rise in prices and living cost have pushed the people to find wicked ways to meet their living costs.
The report on consumer prices and living cost has been prepared for the Confederation of Independent Syndicates in Bulgaria, KNSB.
The Australian Department of Immigration and Citizenship (DIAC) announced that the required living cost amounts since 1 July 2012 have been the following: AUD 18,610 per year for the main student; AUD 6,515 per year for the student's partner; AUD 3,720 per year for the student's first child; and AUD 2,790 per year for every other child.
The annual living cost for students starting university this year could reach almost pounds 11,000, says Family Investments, a children's savings provider.
Most universities offer discounts, living cost grants and scholarships for students from less privileged backgrounds - information can be found on their websites.