living standard
Life quality measure
Living standard is the level of material comfort and financial security available to a person or group, measured by factors like income, housing, healthcare access, and purchasing power.
The phrase usually appears as standard of living: The standard of living has risen dramatically since the industrial revolution.
Economists compare living standards across countries and eras to assess economic development and quality of life.
- daily breadEssential means of living
- bread and butterPrimary source of income
- incomeRegular monetary receipts
- salaryFixed periodic employment payment
- well-beingState of health, contentment
keeping up · middle class · creature comforts · wealth · housing conditions · purchasing power · economy · air quality · healthcare quality · education access · water sanitation · literacy rate · inflation · employment rate · quality of life · wealth distribution · educational attainment · financial provision
living standardpoverty
Severe lack of resources
destitution · deprivation · squalor · penury · indigence
living standardsurvival
Remaining alive against odds
subsistence · subsistence living · scraping by · survival mode · existence
living, standard, lives, lived, lively, livelihood, relive, standardize, standardized