cost of living
cost
ˈkɒst
kost
of
əv
ēv
li
li
ving
vɪng
ving

Definition & Meaning of "cost of living"in English

cost of living
01

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

Examples
Cities with a high cost of living often offer higher salaries to compensate. 
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