going rate

Current market cost

The going rate is the current prevailing price or standard compensation for something: What's the going rate for babysitters these days?

It implies a market consensus rather than a fixed price—what people are actually paying or charging right now.

Freelance designers in the city command a going rate of about seventy-five dollars an hour.

Opposites
price variability

going ratefixed fee

Predetermined, unchanging charge

fixed price · flat rate · fixed charge · contract price · ceiling price

standardization

going ratevariable rate

Amount that fluctuates

price fixity

going ratefixed fee

Predetermined, unchanging charge

fixed price · set price · flat rate · fixed rate · list price

Family

rate, gone, going, rating, ongoing, rates, goes, rated, underrate

Familiarity
Top 100,000
Profile
Used worldwide · Timeless · Abstract · Everyday, not technical · Rated G