housing costs
nounUK /ˈhaʊzɪŋ kɒsts/
US /ˈhaʊzɪŋ kɔsts/
The money you pay to have a place to live.
Housing costs in the city are higher than in the countryside.
OTHER MEANINGS
2. The total amount a household spends on keeping a home, including rent or loan payments and bills.
Housing costs make up a large part of the family budget.
3. The price of buying or renting a home in a certain area.
Housing costs have risen sharply near the new train station.
4. Money spent by a government or organization to provide homes for people.
The city increased its housing costs to build more affordable flats.