standard of living
US /ˈstæn.dərd əv ˈlɪv.ɪŋ/
UK /ˈstæn.dərd əv ˈlɪv.ɪŋ/
1.
the degree of wealth and material comfort available to a person or community
:
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The country has a high standard of living due to its strong economy.
•
Improving the standard of living for all citizens is a key goal.