What do you mean by decent standard of living
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A standard of living is the level of wealth, comfort, material goods and necessities available to a certain socioeconomic class or a certain geographic area. ... The standard of living is closely related to quality of life.
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Minimum items to enable human beings to survive and to keep body and soul together are water, food and shelter. But a certain level of comfort above that has always been considered necessary for a “decent” standard of living. Just how much space there is between necessity and decency depends upon the society’s opinion which changes all the time. Decent standard of living can be expressed in terms of per capita GDP.
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