standard of living

noun phrase

Definition of standard of living

1 : the necessities, comforts, and luxuries enjoyed or aspired to by an individual or group

2 : a minimum of necessities, comforts, or luxuries held essential to maintaining a person or group in customary or proper status or circumstances

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More Definitions for standard of living

standard of living

noun

: the amount of wealth, comfort, and possessions that a person or group has