the.com/cost of living

Proof you can earn more every year and still afford less of it.

means The total price of simply existing in a place and time — rent, food, fuel, and everything else needed to keep a life running.

from Not an ancient coinage but a modern economic phrase, built plainly from 'cost' (Latin constare, 'to stand at a price') and 'living' in the sense of sustaining oneself. It hardened into its familiar form in the 20th century alongside 'cost-of-living index' and wage negotiations, as economies needed a shorthand for how prices crept upward while paychecks tried to keep pace — a phrase born less of poetry than of payroll departments and inflation reports.

not inflation
inflation is the rate, this is the total bill
biggest driver
rent and housing usually outweigh everything else
geography tax
same salary, wildly different survival depending on zip code
lagging raises
wages typically catch up months after prices rise
the.com · every word