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cost of living |
Also found in: Acronyms, Encyclopedia, Wikipedia | 0.20 sec. |
cost of livingCost of goods and services needed for an average standard of living.
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topped the list, which ranked cities according to the average annual operating costs of a local business, the city's cost of living index, building permit growth, underemployment rate change and crime rate per 100,000 people. Eight out of 10 have a cost of living index that is less than the national average. After several years of minimal tuition increases by both public and private universities (in response to the public's howl over double-digit annual increases), families are once again confronted with a return to tuition, room, and board increases that are more than double the cost of living index. |
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