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.
Translations

cost-of-living

[ˌkɒstəvˈlɪvɪŋ] adj cost-of-living allowanceindennità f inv di contingenza
cost-of-living index → indice m del costo della vita
References in periodicals archive ?
The survey tracks prices of food, drinks, clothing, household supplies and personal care items alongside private schools, domestic help and recreational costs.The report is usually used by companies to help calculate cost-of-living allowances and build compensation packages for expatriates and business travellers.
Elk Grove Village has ranked as the lowest overall cost-of-living in each of the 10 years the survey has been conducted.
Ahmad Zahid, who is also the Home Minister, said several representatives from universities and organisations were appointed to obtain their views, not only to address cost-of-living issues but also assist in the long-term plans of the government.
According to EuroCost International's 2017 cost-of-living survey for expatriates, Beirut was ranked in the eighth place globally, compared to ninth place in 2016 and 11th place in 2015.
(Shutterstock) DUBAI: UAE's Dubai topped the list of most expensive Arab cities in the world with a cost-of-living index of 72.58, according to the 2018 Cost of Living index.
There is no fear of the government's retreating from payment of the cost-of-living allowance.
The Lane County Board of Commissioners this week will consider giving 1.5 percent raises to county government's approximately 200 nonunion employees - the first across-the-board cost-of-living increase for those workers, most of them managers and supervisors, since 2008.
THE human cost of the government-induced cost-of-living crisis is seen most starkly in people's changing diets and the impact on people's health.
Some observers have questioned whether the federal aid formula appropriately accounts for geographic cost-of-living differences.
Recently, Triplett (2001, F331) had strongly contended that "the theory of the cost-of-living index does provide the underlying conceptual rationale for constructing a practical CPI." Furthermore, using the Laspeyres price index (or other fix-basket price indexes) in constructing a CPI will cause substitution bias in measurement.
Summary: The cost-of-living index of July has risen by 5.1 % compared to the same month last year, the High Commission for Planning (HCP) revealed on Monday.