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cost of living

/kɒst əv ˈlɪvɪŋ/

1 entry

phrase

/kɒst əv ˈlɪvɪŋ/B2formal
  • ruСумма денег, необходимая для поддержания определённого уровня жизни, покрывающая основные расходы, такие как жильё, питание, налоги и здравоохранение в определённом месте или временном периоде.

The amount of money needed to sustain a certain standard of living by covering basic expenses such as housing, food, taxes, and healthcare in a particular location or time period.

  1. General economic termB2formal

    The amount of money needed to sustain a certain standard of living by covering basic expenses such as housing, food, taxes, and healthcare.

    ruСтоимость жизни

    • The cost of living in the city has risen sharply over the last decade.
    • Many people move to the suburbs because the cost of living is lower there.
    • The government adjusts salaries based on changes in the cost of living.