Cost of living
From The Art and Popular Culture Encyclopedia
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Maybe it's the system... maybe it's the cost of livin'... Just barely breakin' even.... |
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Cost of living is the cost of maintaining a certain standard of living. Changes in the cost of living over time are often operationalized in a cost of living index. Cost of living calculations are also used to compare the cost of maintaining a certain standard of living in different geographic areas. Differences in cost of living between locations can also be measured in terms of purchasing power parity rates.
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See also
- ACCRA Cost of Living Index
- Consumer Price Index
- Inflation
- Price index
- Cost of Living Allowance (U.S. Military)
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Unless indicated otherwise, the text in this article is either based on Wikipedia article "Cost of living" or another language Wikipedia page thereof used under the terms of the GNU Free Documentation License; or on research by Jahsonic and friends. See Art and Popular Culture's copyright notice.
