living-standard scale

noun
UK /ˈlɪvɪŋ ˈstændəd skeɪl/
US /ˈlɪvɪŋ ˈstændərd skeɪl/

A living-standard scale is a way to measure how well people can buy the things they need.

The report used a living-standard scale to compare families in different cities.


OTHER MEANINGS

2. A ranking system that shows how comfortable or wealthy a group of people is.

On the living-standard scale, the village moved up after the new school opened.

3. A tool economists use to compare how much people can afford in different places.

Economists applied a living-standard scale to adjust wages for each region.

4. A set of levels used to judge whether basic needs like food and housing are met.

The charity checked each household against a living-standard scale.