Skip to main content

cost of livingthe amount of money needed to sustain a certain level of living, including basic expenses such as housing, food, taxes, and healthcare

Part of speech: NOUN

Definition: the amount of money needed to sustain a certain level of living, including basic expenses such as housing, food, taxes, and healthcare

Pronunciation (IPA): /kɔːst əv ˈlɪvɪŋ/

Example Sentences

  • My salary can't keep up with the rising cost of living - I might have to survive on ramen noodles and dreams.
  • The cost of living varies significantly between rural and urban areas.
  • She moved to the countryside where the cost of living was lower, but discovered that Wi-Fi was considered a luxury item.

cost of living

NOUN

[/kɔːst əv ˈlɪvɪŋ/]

the amount of money needed to sustain a certain level of living, including basic expenses such as housing, food, taxes, and healthcare

Rising prices push the cost of living higher every single month at the grocery store.
💡 Concept

Rising prices push the cost of living higher every single month at the grocery store.

Dreams lost to the rising cost of living.
🎵 Rhyme

Dreams lost to the rising cost of living.

Got the picture? Now let's practice.

🎤Pronunciation

🇺🇸 US/kɔːst əv ˈlɪvɪŋ/
🇬🇧 UK/kɒst əv ˈlɪvɪŋ/

🌳Etymology

Rootcost + living

Origin

This compound term emerged in the 14th century, combining the French word 'cost' (from Old French 'coste', meaning expense or price) with the Old English 'living' (from 'lifian', meaning to sustain life or livelihood). The concept gained prominence during industrialization and urbanization, when economists needed terminology to describe the aggregate expenses required for daily subsistence in urban centers.

Breakdown

cost (French 'coste', from Latin 'costa' meaning outlay or expense) + of (Old English preposition indicating possession or relation) + living (Old English 'living', the gerund form of 'lifian', meaning the state of sustaining one's existence or livelihood).

🎵Rhyme

costlostfrost
cost
lost
frost

🔗Collocations

high cost of living
cost of living index
cost of living adjustment
rising cost of living
cost of living allowance
compare cost of living

📝Examples

😄 Fun example

My salary can't keep up with the rising cost of living - I might have to survive on ramen noodles and dreams.

The cost of living varies significantly between rural and urban areas.

😄 Fun example

She moved to the countryside where the cost of living was lower, but discovered that Wi-Fi was considered a luxury item.

Companies often provide cost of living adjustments for employees relocating to expensive cities.

📚Related Words

Synonyms

living expensesliving costscost of lifesubsistence costs

Antonyms

cost of dyingsavingsincome

Related

inflationpurchasing powerstandard of livingconsumer price indexeconomic indicators

Want to master 19,000+ words?

Sign up free for flashcards & quizzes.