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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
Even with the rising cost of living, they are managing to make ends meet with careful budgeting.
The elderly couple, living on a fixed income, became increasingly impoverished as the cost of living rose.
The high cost of living in the city can eat into a large portion of one's income.
With the high cost of living in the city, even with a full-time job, she found herself living hand to mouth.
With the rising cost of living, many families are starting to feel the pinch and must carefully budget their expenses.
