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View synonyms for cost of living

cost of living

noun

  1. the average cost of food, clothing, and other necessary or usual goods and services paid by a person, family, etc., or considered as a standard by the members of a group.


cost of living

noun

    1. the basic cost of the food, clothing, shelter, and fuel necessary to maintain life, esp at a standard regarded as basic or minimal
    2. ( as modifier )

      the cost-of-living index

  1. the average expenditure of a person or family in a given period
“Collins English Dictionary — Complete & Unabridged” 2012 Digital Edition © William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009, 2012


cost of living

  1. The average cost of the basic necessities of life, including food, shelter, and clothing.


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Notes

In the United States, the cost of living is monitored in the consumer price index (formerly called the cost-of-living index), published monthly by the federal government.
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Other Words From

  • cost-of-living adjective
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Word History and Origins

Origin of cost of living1

First recorded in 1895–1900
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Example Sentences

Move to “chained CPI” for cost-of-living increases in Social Security payments?

He was ready to tweak the cost-of-living formula for Social Security.

You can debate which cost-of-living adjustment is more accurate, but there is nothing sacrosanct about any given metric.

Frigging Florida labor laws meant that you had to give cost-of-living raises every year, and it added up.

The best cost-of-living news of the past year is that double-digit inflation of 12 percent or higher was cut almost in half.

Also, my Administration was the first to seek a cost-of-living increase for the recipients of VA compensation every year.

Next year, tax rates will be indexed so inflation can't push people into higher brackets when they get cost-of-living pay raises.

In all, he had mediated thirty-two strikes, sat on two arbitration boards, made three cost-of-living surveys for the Government.

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costo-cost-of-living adjustment