Difference between revisions of "Cost of Living"
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Latest revision as of 18:22, 11 March 2020
Cost of Living - (Expression)
Definition
This is the amount of money that you need to afford basic expenses such as housing, food, and taxes.
Extra
Source: Adapted from Investopedia
Example of Use: The company paid its London-based workers more to compensate for the higher cost of living in the city.