Question

differentiate the cost of living from the standard of living??​

Answer 1

Explanation:

The key difference between cost of living and standard of living is that cost of living is the cost of maintaining a certain level of living in a specific geographical region whereas standard of living is the level of wealth, comfort, material goods and necessities available in a geographical region, typically a .

Answer 2

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The key difference between cost of living and standard of living is that cost of living is the cost of maintaining a certain level of living in a specific geographical region whereas standard of living is the level of wealth, comfort, material goods and necessities available in a geographical region, typically a country.

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