Concept information
Preferred term
cost of living
Definition
- COST OF LIVING refers to the income required to maintain a certain standard of living. Many poverty statistics, such as the headcount index, rely on per capita or household income as a primary measure of wellbeing. [Source: Encyclopedia of World Poverty; Cost of Living]
Broader concept
Belongs to group
URI
http://data.loterre.fr/ark:/67375/N9J-X4620TGP-X
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