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cost of living
01
the amount of money required to maintain basic needs and expenses in a particular place or location
Example
Due to inflation, the cost of living has gone up.
The cost of living increment was announced to adjust wages for inflation.
There has been a significant increase in the cost of living.
Voorbeeld
Due to inflation, the cost of living has gone up.
The cost of living increment was announced to adjust wages for inflation.
There has been a significant increase in the cost of living.
The cost of living has risen considerably in recent years.
The elderly couple, living on a fixed income, became increasingly impoverished as the cost of living rose.
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