cost of living

noun phrase

: the cost of purchasing those goods and services which are included in an accepted standard level of consumption

Examples of cost of living in a Sentence

Recent Examples on the Web
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Portugal Portugal, with its sunny, warm weather, delicious food, and relatively low cost of living has long been one of the most popular destinations for Americans wanting to relocate abroad. Giulia Carbonaro, MSNBC Newsweek, 30 Mar. 2026 Overall, the standard cost of living generally rises due to inflation eating away at purchasing power, often outpacing income growth. Ryan Brennan, Kansas City Star, 29 Mar. 2026 The Bigger Picture The standard cost of living generally rises due to inflation eating away at purchasing power, often outpacing income growth. Ryan Brennan, Miami Herald, 29 Mar. 2026 Still, higher gasoline prices are weighing on American consumers already frustrated by the high cost of living. Paul Wiseman, Fortune, 29 Mar. 2026 See All Example Sentences for cost of living

Word History

First Known Use

1796, in the meaning defined above

Time Traveler
The first known use of cost of living was in 1796

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Cite this Entry

“Cost of living.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/cost%20of%20living. Accessed 4 Apr. 2026.

Legal Definition

cost of living

cost of liv·​ing
: the cost of purchasing those goods and services which are included in an accepted standard level of consumption

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