luxury good
Nonessential premium item
A luxury good is a product or service that becomes more desirable as people's income rises—not just in absolute terms, but as a proportion of spending.
The category includes high-end fashion, fine jewelry, premium automobiles, and exclusive experiences.
In economics, luxury goods contrast with necessities, which claim a smaller share of the budget as wealth increases.
Organic groceries were once a luxury good but have become mainstream.
Portable container for belongings
- watchPortable timekeeping device
- jewelryOrnamental personal accessories
- perfumeFragrant liquid for wearing
- champagneEffervescent celebratory wine
caviar · yacht · sports car · silk · cashmere · truffle · saffron · diamond
Superior select group
- prestigeReputation commanding admiration
- status symbolItem showing rank
- high-endPremium quality tier
- designerOne who plans appearances
limited edition · VIP · premium · selective · bespoke · tailored · rarified · aristocratic
Made manually, not machined
- artisanalMade by skilled craftspeople
- bespokeMade to individual specifications
- customHabitual group practice
- heritageInherited cultural legacy
heirloom · master craftsman · atelier · hand-stitched · quality · precision · tradition · expertise
Abundant beyond necessity
- sumptuousSplendidly rich and costly
- plushThick-pile soft fabric
- extravagantExceeding sensible bounds
- opulentOstentatiously wealthy
grandeur · magnificence · splendor · elegance · ornate · gilded · palatial · regal
Lavish attentive care
- splurgeSpend freely, impulsively
- decadenceMoral decline through excess
- hedonismPursuit of gratification
- pleasureHappy, satisfied feeling
treat · extravagance · self-care · gratification · delight · sumptuousness · indulgent · guilty pleasure
Abundance of money
- prosperityGood fortune, success
- richesAbundant valuable possessions
- fortuneWealth or destiny
- wealthyHaving abundant financial resources
moneyed · affluent · disposable income · purchasing power · conspicuous consumption · nouveau riche · old money · high net worth
handbag
Portable container for belongings
- watchPortable timekeeping device
- jewelryOrnamental personal accessories
- perfumeFragrant liquid for wearing
champagne · caviar · yacht · sports car · silk · cashmere · truffle · saffron · diamond · fur
elite
Superior select group
- prestigeReputation commanding admiration
- status symbolItem showing rank
- high-endPremium quality tier
designer · limited edition · VIP · premium · selective · bespoke · tailored · rarified · aristocratic · privileged
handcrafted
Made manually, not machined
- artisanalMade by skilled craftspeople
- bespokeMade to individual specifications
- customHabitual group practice
heritage · heirloom · master craftsman · atelier · hand-stitched · quality · precision · tradition · expertise · meticulous
lavish
Abundant beyond necessity
- sumptuousSplendidly rich and costly
- plushThick-pile soft fabric
- extravagantExceeding sensible bounds
opulent · grandeur · magnificence · splendor · elegance · ornate · gilded · palatial · regal · velvet
pampering
Lavish attentive care
- splurgeSpend freely, impulsively
- decadenceMoral decline through excess
- hedonismPursuit of gratification
pleasure · treat · extravagance · self-care · gratification · delight · sumptuousness · indulgent · guilty pleasure · spoiling
affluence
Abundance of money
- prosperityGood fortune, success
- richesAbundant valuable possessions
- fortuneWealth or destiny
wealthy · moneyed · affluent · disposable income · purchasing power · conspicuous consumption · nouveau riche · old money · high net worth · aspirational
luxury goodnecessity
Indispensable requirement
staple · basic need · essential · bare necessity · commodity
luxury, good, luxuries, luxurious, luxuriously, luxuriate, luxuriant, luxuriantly, luxuriance