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standard of living

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noun

a grade or level of subsistence and comfort in everyday life enjoyed by a community, class, or individual: The well-educated generally have a high standard of living.

Origin of standard of living

First recorded in 1900–05
Also called living standard.
Dictionary.com Unabridged Based on the Random House Unabridged Dictionary, © Random House, Inc. 2019
British Dictionary definitions for standard of living

standard of living

noun

a level of subsistence or material welfare of a community, class, or person
Collins English Dictionary - Complete & Unabridged 2012 Digital Edition © William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009, 2012
standard of living in Culture

standard of living

A term describing the amount of goods and services that an average family or individual views as necessary.

The New Dictionary of Cultural Literacy, Third Edition Copyright © 2005 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company. All rights reserved.