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.

Related

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

Opposites
quality of life level

living standardpoverty

Severe lack of resources

destitution · deprivation · squalor · penury · indigence

existence mode

living standardsurvival

Remaining alive against odds

subsistence · subsistence living · scraping by · survival mode · existence

Family

living, standard, lives, lived, lively, livelihood, relive, standardize, standardized

Familiarity
Top 200,000
Profile
Used worldwide · Timeless · Abstract · Everyday, not technical · Rated G