the amount of money people need in order to buy the things they need
The cost of living is increasing all the time.
The cost of living in the city has risen significantly over the past few years, affecting residents' budgets.
When considering a move to a new country, it's crucial to research and understand the cost of living in that particular region.
Many factors contribute to the overall cost of living, including housing, transportation, and everyday expenses.
As inflation continues, individuals and families are concerned about how it will impact their day-to-day cost of living.