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standard of living

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.
Also called living standard.
Origin of standard of living
1900-05 Unabridged
Based on the Random House Dictionary, © Random House, Inc. 2015.
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British Dictionary definitions for standard-of-living

standard of living

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
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standard-of-living in Culture

standard of living definition

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

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