English version

living standard in Economics topic

From Longman Dictionary of Contemporary Englishliving standardˈliving ˌstandard noun [countable usually plural]  PEthe level of comfort and the amount of money that people have syn standard of living Living standards have improved over the last century. rising living standards There’s been a decline in the living standards of old people.
Examples from the Corpus
living standarda decline in the country's living standards