Cost of living
volume

Definitie & Betekenis van "cost of living"

cost of living
01

the amount of money required to maintain basic needs and expenses in a particular place or location

example
Voorbeeld
examples
High inflation erodes the value of savings and investments, as the cost of living increases.
Due to inflation, the cost of living has gone up.
In this region, the cost of living is generally lower compared to metropolitan areas.
The cost of living increment was announced to adjust wages for inflation.
The elderly couple, living on a fixed income, became increasingly impoverished as the cost of living rose.
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