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

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Steven Roth is among the largest landlords in the city through his company Vornado Realty Trust, which owns approximately 20 million square feet of New York City commercial space (for which the going rate is around $100 per square foot in Midtown). Marisa Meltzer, Vanity Fair, 12 Aug. 2026 As The Athletic reported earlier this summer, the going rate for a high-major starter is typically in the seven figures, even for recruits coming straight from high school. Brendan Marks, New York Times, 4 Aug. 2026 Pai put in an order for eight Hurley surfboards for $300 each, far more than the going rate, and wrote a check for $2,400 to fund the shaper’s project. Laylan Connelly, Oc Register, 21 June 2026 The going rate for the contracts can range from just a few thousand dollars to several times that, a Europol spokesperson said. ABC News, 12 June 2026 See All Example Sentences for going rate

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“Going rate.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/going%20rate. Accessed 26 Aug. 2026.

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