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Standard of living
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== Factors considered by scholars == Standard of living might be evaluated using a number of characteristics including as the quality and availability of [[employment]], [[real income]], [[Disposable household and per capita income|disposable income]], class disparity, [[poverty rate]], quality and housing affordability, hours of work required to purchase [[Basic needs|necessities]], [[gross domestic product]], [[inflation rate]], amount of leisure time, access to and quality of healthcare, quality and availability of [[education]], [[literacy]] rates, life expectancy, occurrence of diseases, cost of goods and services, infrastructure, access to, quality and affordability of public transportation, national [[economic growth]], economic and political stability, freedom, environmental quality, climate and safety. For the purposes of economics, politics and policy, it is usually compared across time or between groups defined by social, economic or geographical parameters.
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