cost of living

Definition of "cost of living"
  1. The amount of money needed for an individual or a household to afford the basic expenses for daily living
How to use "cost of living" in a sentence
  1. Many workers demanded a salary increase due to the rising cost of living.
  2. The cost of living in this city is very high making it difficult for low-income families.
  3. A demand was made for a cost of living adjustment in the pension plan to cover the increase in basic expenses.

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