cost of living Meaning in the Cambridge English Dictionary Cambridge dictionaries logo

Meaning of “cost of living” in the English Dictionary

"cost of living" in British English

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cost of livingnoun [S]

uk   us  
the ​amount of ​money that a ​personneeds to ​live: The ​increase in ​interestrates will raise the ​cost of ​living.
(Definition of cost of living from the Cambridge Advanced Learner’s Dictionary & Thesaurus © Cambridge University Press)

"cost of living" in American English

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cost of livingnoun [U]

 /ˈkɔst əv ˈlɪv·ɪŋ, ˈkɑst/
the ​amount of ​money that a ​personneeds to ​buyfood, ​housing, and other ​basic things: The cost of living is ​lower in the ​Midwest.
(Definition of cost of living from the Cambridge Academic Content Dictionary © Cambridge University Press)

"cost of living" in Business English

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cost of livingnoun [S]

uk   us  
ECONOMICS the ​amount of ​money that ​people need to ​spend in ​order to ​buy basic ​goods or ​services such as ​food, clothes, and a ​place to ​live: The ​risingcost of ​living in the country has ​forced many ​people to take second ​jobs. an increase/​fall in the ​cost of ​living a high/​lowcost of ​living
(Definition of cost of living from the Cambridge Business English Dictionary © Cambridge University Press)
Translations of “cost of living”
in Chinese (Simplified) 生活费用…
in Chinese (Traditional) 生活費用…
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