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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
Workers have repeatedly pushed for higher compensation as the cost of living in the Seattle area — where technology giants like Microsoft and Amazon have ramped up staffing — has surged in recent years.
—Leslie Josephs, CNBC, 31 Oct. 2024
That isn't the case for workers who earn the federal minimum wage because it isn't indexed to inflation, a step that some states are now taking to ensure that people can keep up with the rising cost of living.
—Aimee Picchi, CBS News, 24 Oct. 2024
Still, Sununu said voters are putting a greater emphasis on cost of living rather than the complexities of tariff policy.
—Tal Axelrod, ABC News, 20 Oct. 2024
The last several years have been difficult for a lot of folks; many were pushed to the absolute edge by the pandemic and the high cost of living.
—Joe Simitian, The Mercury News, 20 Oct. 2024
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Word History
First Known Use
1796, in the meaning defined above
Dictionary Entries Near cost of living
Cite this Entry
“Cost of living.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/cost%20of%20living. Accessed 14 Nov. 2024.
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
More from Merriam-Webster on cost of living
Britannica.com: Encyclopedia article about cost of living
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