cost of living

noun phrase

Definition of cost of living 

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

First Known Use of cost of living

1796, in the meaning defined above

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The first known use of cost of living was in 1796

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More Definitions for cost of living

cost of living

cost of liv·​ing

Legal Definition of cost of living 

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

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