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 Family scion Ajay Hinduja, his wife Namrata and his parents Prakash and Kamal illegally took advantage of staff hired in India, paying them wages a fraction of the going rate in Switzerland, Judge Sabina Mascotto said in a ruling Friday. Orianna Rosa Royle, Fortune Europe, 24 June 2024 The going rate for one of these things is $700, plus a $24 a month subscription, a hard sell in the face of a $400 Apple Watch. Ron Amadeo, Ars Technica, 6 June 2024 Fair market rent for a two-bedroom in Chicago is just $1,714 – nearly half the going rate in San Francisco. Calmatters, The Mercury News, 20 May 2024 This real price does compare well with the going rate of $99 to $129 for the likes of Adobe Premiere Elements and CyberLink PowerDirector. PCMAG, 16 May 2024 This goes beyond budgeting for a Brandon Aiyuk extension at, say, $25 million or more per year — the going rate for a top-flight wide receiver. Cam Inman, The Mercury News, 7 Mar. 2024 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

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 15 Jul. 2024.

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