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Standard of living
/stˈandəd ɒv lˈɪvɪŋ/
/stˈændɚd ʌv lˈɪvɪŋ/
Standard of living
[NOUN]1
the level of wealth, welfare, etc., available to an individual, group, country, etc.
Examples
1. Norway is well known for its high standard of living.
2. Many families in this country are still behind the eight ball and do not enjoy the same standard of living that other people enjoy.
3. So standard of living was actually quite good.
4. The rural setup, the standards of living were extremely, very, very low.
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