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Q: Are standard of living and cost of living same?
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Difference between high standard of living and high cost of living?

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.


What is the standard of living in Angola?

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.


Is Standard Cost same as actual cost?

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.


What has the author Ethel Wix written?

Ethel Wix has written: 'The cost of living' -- subject(s): Cost and standard of living


Is scotlands standard of living the same as Spain?

Yes


What has the author Pierre Fortin written?

Pierre Fortin has written: 'The Canadian standard of living' -- subject(s): Economic policy, Economic conditions, Cost and standard of living


What has the author Jeffrey D Young written?

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


How does a "cost of living" calculator work?

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.


What is germanys standard of living?

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.


Whats maldives standard of living?

i was going to ask the same question


What has the author Kathryn Smul Arnow written?

Kathryn Smul Arnow has written: 'The attack on the cost of living index' -- subject(s): Cost and standard of living, Price regulation


The cost of living and eating at college is called what?

Its called the cost of living. I answering the exact same question in a college prep class