going rate

noun

: the average or usual price that is charged for something
What's the going rate for a babysitter?

Examples of going rate in a Sentence

Recent Examples on the Web The likelihood is that Cousins wants a multi-year contract that pays him $40-45 million per season, which is the going rate for a quarterback of Cousins’ stature. Steve Silverman, Forbes, 27 Feb. 2024 The going rate for a top-tier wide receiver is between $23 million annually and the $30 million Tyreek Hill commands from the Miami Dolphins at the top of the pay scale. Cam Inman, The Mercury News, 16 Feb. 2024 Goei prevailed, paying what was about the going rate for a Greenwich Village Frankenmansion in the making at the time — Sarah Jessica Parker and Matthew Broderick paid $34.5 million for adjoining townhouses on another block of West 11th the same year. Kim Velsey, Curbed, 2 Feb. 2024 At $10 a night, which is the going rate for a basic Forest Service or BLM, saving two nights of campground fees could buy enough gas to get you to McCall or Stanley, depending on the mileage of your vehicle. Idaho Statesman, 31 Jan. 2024 The going rate for top-of-the-market quarterback deals is upwards of $50 million with more than $100 million guaranteed. Daniel Oyefusi, Miami Herald, 24 Jan. 2024 The going rate ranges from free-$284 depending on the type of visit. Jasmine Browley, Essence, 11 Jan. 2024 Financial and investment analysts, for example, average $102,000 a year in Dallas, almost 30% less than the going rate in New York. Shelly Hagan, Fortune, 28 Dec. 2023 Other measures Cleverly announced in the Commons include stopping overseas care workers from bringing family dependents, and ending the 20% salary discount firms can pay compared with the going rate for workers on the government’s shortage occupation list. Kitty Donaldson, Fortune Europe, 5 Dec. 2023

These examples are programmatically compiled from various online sources to illustrate current usage of the word 'going rate.' Any opinions expressed in the examples do not represent those of Merriam-Webster or its editors. Send us feedback about these examples.

Dictionary Entries Near going rate

Cite this Entry

“Going rate.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/going%20rate. Accessed 29 Mar. 2024.

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