The cost of living is the cost maintaining a certain standard of living. The standard of living refers to he level of wealth, comfort, material goods and necessities available to a certain socioeconomic class in a certain geographic area. The standard of living is closely related to the quality of life.
NOTE: **The standard of LIVING, couldn't be found exactly** The cost of living in Angola is expensive for the Natives as well as tourists.
Standard cost is that cost which is budgeted at start of production while actual cost is that cost which actually incurred by business both of them can be same if actual cost incurred is same as allocated or determined in budgeting process using standard cost otherwise there will be difference.
Ethel Wix has written: 'The cost of living' -- subject(s): Cost and standard of living
Yes
Pierre Fortin has written: 'The Canadian standard of living' -- subject(s): Economic policy, Economic conditions, Cost and standard of living
Jeffrey D Young has written: 'Japanese standards of living and U.S. approaches to Japan' -- subject(s): Cost and standard of living, Foreign economic relations, Political aspects, Political aspects of Cost and standard of living
A cost of living calculator compares the living costs in two different cities by using your present salary and location to show the difference in the cost of living in the city you are thinking of moving to and how much you need to earn to maintain your standard of living in your present city.
The Germans have the same standard of living as the Americans have in the United States. They may have better primary and secondary education than in the USA.
i was going to ask the same question
Kathryn Smul Arnow has written: 'The attack on the cost of living index' -- subject(s): Cost and standard of living, Price regulation
Its called the cost of living. I answering the exact same question in a college prep class