living standard

American  

noun

1. standard of living.

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Etymology

Origin of living standard

First recorded in 1940–45

Example Sentences

A whopping 96% felt their living standard was better than their parents' at the same age.

From Reuters

The projected 7 percent decline in household income over the next two years means that Britons may not return to the living standard they had last year until 2027, said Matthew Goodwin, a professor of politics at the University of Kent.

From New York Times

The poll found that 42% of adults find it very or somewhat likely that today’s youth “will have a better living standard, better homes, a better education and so on.”

From Washington Times

"Our living standard has come down over the last few years due to rising prices, while income remains stagnant," said Raghavendra Gadag, 39, a transporter, who had come to the Congress meeting.

From Reuters

The collective bargaining process is instrumental for increasing one's living standard and protecting health insurance, retirement savings and other benefits.

From Salon