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
Examples are automatically compiled from online sources to show current usage. Read More Opinions expressed in the examples do not represent those of Merriam-Webster or its editors. Send us feedback.
Understanding Your Worth Nowadays, understanding the going rate for your role has gotten easier than ever. Cicely Jones, Forbes.com, 5 Aug. 2025 That may just be the going rate for a rental like Naylor. Zack Meisel, New York Times, 25 July 2025 And who knows, maybe $10 million is actually the going rate for a project manager on a job of this magnitude. Nate Jones, Vulture, 2 July 2025 As an example, trading Samuel Girard or Josh Manson could free up $5 million or $4.5 million in cap space, but the Avs would also still need to find a top-four defenseman … and the going rate for those is more than $4.5 million to $5 million with the cap ceiling shooting up the next three seasons. Corey Masisak, Denver Post, 15 May 2025 See All Example Sentences for going rate

Browse Nearby Words

Cite this Entry

“Going rate.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/going%20rate. Accessed 20 Aug. 2025.

Last Updated: - Updated example sentences
Love words? Need even more definitions?

Subscribe to America's largest dictionary and get thousands more definitions and advanced search—ad free!