Back Lebenshaltungskosten ALS تكلفة معيشة Arabic Издръжка на живот Bulgarian Cost de vida Catalan Costau byw Welsh Lebenshaltungskosten German Vivokosto Esperanto Costo de vida Spanish هزینه زندگی Persian Coût de la vie French
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The cost of living is the cost of maintaining a certain standard of living for an individual or a household. Changes in the cost of living over time can be measured in a cost-of-living index. Cost of living calculations are also used to compare the cost of maintaining a certain standard of living in different geographic areas. Differences in the cost of living between locations can be measured in terms of purchasing power parity rates. A sharp rise in the cost of living can trigger a cost of living crisis,[1] where purchasing power is lost and, for some people, their previous lifestyle is no longer affordable.
The link between income and health is well-established.[2] Cost of living pressures may lead to household energy insecurity or fuel poverty as well as housing stress.[2]
- ^ "What the cost of living crisis looks like around the world". International Rescue Committee. 7 May 2024. Retrieved 15 July 2024.
- ^ a b Broadbent, Philip; Thomson, Rachel; Kopasker, Daniel; McCartney, Gerry; Meier, Petra; Richiardi, Matteo; McKee, Martin; Vittal Katikireddi, Srinivasa (27 April 2023). "The public health implications of the cost-of-living crisis: outlining mechanisms and modelling consequences". The Lancet Regional Health - Europe. 27. doi:10.1016/j.lanepe.2023.100585. PMC 10068020. PMID 37035237.