cost-of-living
Price of existence
Cost-of-living refers to the amount of money needed to maintain a particular standard of living in a given place and time—covering housing, food, transportation, and other necessities.
The term usually appears as a modifier: a cost-of-living adjustment raises wages to match inflation, while a cost-of-living index tracks price changes over time.
The cost of living in San Francisco has driven many residents to cheaper cities.
Sustained price level increase
- expensesMoney spent on things
- affordabilityState of being purchasable
- purchasing powerEconomic spending ability
- consumer pricesCosts paid by buyers
wages · income · budget · utilities · groceries · price index · adjustment · allowance
Firm bilateral compression
- crunchCrushing, grinding noise
- hardshipSuffering from difficult circumstances
- struggleLabored effort against resistance
- unaffordableToo costly to buy
skyrocketing · wage stagnation · poverty line · food insecurity · fuel poverty · energy bills · debt · cutbacks
Permanent change of residence
- regional variationGeographic differences in practice
- metro areaCity and its suburbs
- urbanPertaining to cities
- suburbanOf residential outskirts
rural · zip code · neighborhood · housing market · expatriate · migration · location-based · destination
Inflation-indexed pay increase
- adjustmentAlteration to improve fit
- indexingSystematic organization for retrieval
- minimum wageLowest lawful hourly rate
- social securityPublic financial protection programs
pension · stipend · compensation · allowance · negotiation · union · collective bargaining · government support
inflation
Sustained price level increase
- expensesMoney spent on things
- affordabilityState of being purchasable
- purchasing powerEconomic spending ability
consumer prices · wages · income · budget · utilities · groceries · price index · adjustment · allowance · real wages
squeeze
Firm bilateral compression
- crunchCrushing, grinding noise
- hardshipSuffering from difficult circumstances
- struggleLabored effort against resistance
unaffordable · skyrocketing · wage stagnation · poverty line · food insecurity · fuel poverty · energy bills · debt · cutbacks · rationing
relocation
Permanent change of residence
- regional variationGeographic differences in practice
- metro areaCity and its suburbs
- urbanPertaining to cities
suburban · rural · zip code · neighborhood · housing market · expatriate · migration · location-based · destination
COLA
Inflation-indexed pay increase
- adjustmentAlteration to improve fit
- indexingSystematic organization for retrieval
- minimum wageLowest lawful hourly rate
social security · pension · stipend · compensation · allowance · negotiation · union · collective bargaining · government support · welfare
- government pensionsretirement pay, federal pensions, pension fund, pension plans, survivor benefits
- employee benefitshealth insurance, pension, 401k, 401(k), retirement
- pay changesraise, pay raise, pay cut, wage increase, salary bump
cost-of-livingdiscretionary spending
Non-obligatory personal expenditures
luxury spending · disposable income · conspicuous consumption · discretionary income · luxury goods
cost-of-livingincome
Regular monetary receipts
earnings · standard of living · wages · salary · take-home pay
cost, costs, costed, costing, costly, costlier, costliest, costliness, living