standard of living
Quality of life
Standard of living measures the material comfort and economic well-being available to a person, group, or population.
It encompasses income, housing quality, access to goods and services, healthcare, and education.
Economists compare standards of living across countries or track changes over time: The standard of living rose dramatically in postwar Japan.
Distinguished from quality of life, which includes non-material factors like leisure and environmental quality.
Economic spending ability
- median incomeMiddle-ranked earnings figure
- economic indicatorsData measuring financial health
- statisticsCollected numerical information
- household incomeTotal money a home receives
national average · benchmarks · poverty line · affordability · consumer price index · real wages · economic mobility · socioeconomic status
Consumable nourishment source
- waterClear essential liquid
- shelterProtected place or structure
- clothingBody coverings worn daily
- nutritionBodily use of food
hygiene · sanitation · healthcare · education · housing · safety · security · energy
Good fortune, success
- luxuryExpensive nonessential comfort
- opulenceShowy, abundant prosperity
- abundanceAmple supply, overflowing
- well-offHaving sufficient wealth
high-income · privileged · upper-class · lavish · extravagant · affluent · sumptuous · well-to-do
Desirable features of place
- convenienceEase of use
- well-beingState of health, contentment
- leisureFree time for relaxation
- contentmentPeaceful satisfaction with circumstances
relaxation · quality of life · ease · satisfaction · lifestyle · modern conveniences · appliances · climate control
State of lacking necessities
- malnutritionDisease from dietary inadequacy
- homelessnessLacking permanent residence
- squalorDirty, degraded living conditions
- impoverishmentState of extreme deprivation
inequality · unemployment · slums · underprivileged · illiteracy · debt · scarcity · hardship
purchasing power
Economic spending ability
- median incomeMiddle-ranked earnings figure
- economic indicatorsData measuring financial health
- statisticsCollected numerical information
household income · national average · benchmarks · poverty line · affordability · consumer price index · real wages · economic mobility · socioeconomic status · comparative analysis
food
Consumable nourishment source
nutrition · hygiene · sanitation · healthcare · education · housing · safety · security · energy · public services
prosperity
Good fortune, success
- luxuryExpensive nonessential comfort
- opulenceShowy, abundant prosperity
- abundanceAmple supply, overflowing
well-off · high-income · privileged · upper-class · lavish · extravagant · affluent · sumptuous · well-to-do · financial freedom
amenities
Desirable features of place
- convenienceEase of use
- well-beingState of health, contentment
- leisureFree time for relaxation
contentment · relaxation · quality of life · ease · satisfaction · lifestyle · modern conveniences · appliances · climate control · recreation
deprivation
State of lacking necessities
- malnutritionDisease from dietary inadequacy
- homelessnessLacking permanent residence
- squalorDirty, degraded living conditions
impoverishment · inequality · unemployment · slums · underprivileged · illiteracy · debt · scarcity · hardship · vulnerability
- living conditionshousing, income, employment, healthcare access, education access
- Wealth Measuresnet worth, assets, income, savings, investments
- economicssupply and demand, inflation, GDP, GNP, gross domestic product
- inequalitywealth gap, income gap, disparity, wage gap, income disparity
- social trendsincome inequality, feminism, social mobility, environmentalism, wealth gap
standard of livingpoverty
Severe lack of resources
destitution · deprivation · impoverishment · penury · indigence
standard of livingsubsistence living
Surviving without surplus
survival mode · hand-to-mouth · scraping by · living on the edge
standard of livingquality of life
General life satisfaction
well-being · happiness index · life satisfaction · human flourishing