ˌcost of ˈliving BrE AmE noun
the cost of living the amount of money you need to pay for the food, clothes etc you need to live:
Average wages have increased in line with the cost of living.
ˌcost of ˈliving BrE AmE noun
the cost of living the amount of money you need to pay for the food, clothes etc you need to live:
Average wages have increased in line with the cost of living.
Longman Dictionary of Contemporary English. Longman - Словарь современного английского языка. 2012