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English definition of “standard of living”

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standard of living

noun [C, usually singular]
 
 
( plural standards of living)
ECONOMICS the degree of comfort that people in a particular social class, country, etc. have, and the number and types of products and services that they can buy: a basic/comfortable/decent standard of living Most people are failing to save enough to provide them with a decent standard of living in retirement. a high/low/reasonable standard of living improve/maintain/raise your standard of living
Translations of “standard of living”
in Chinese (Traditional) 生活水準…
in Russian уровень жизни…
in Turkish yaşam standardı, yaşam düzeyi…
in Chinese (Simplified) 生活水平…
in Polish poziom życia, stopa życiowa…
(Definition of standard of living from the Cambridge Business English Dictionary © Cambridge University Press)
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