Editing Standard of living (section)

== Measurement ==
Standard of living is generally measured by standards such as [[inflation (economics)|inflation]]-adjusted income per person and poverty rate. Other measures such as access and quality of [[health care]], [[Economic inequality|income growth inequality]], and educational standards are also used. Examples are access to certain goods (such as the number of refrigerators per 1000 people), or measurement of health such as life expectancy. It is the ease by which people living in a time or place are able to satisfy their needs and/or wants.<ref>{{cite web |last1=Clark |first1=Nardinelli |title=Industrial Revolution and the Standard of Living |url=https://www.econlib.org/library/Enc/IndustrialRevolutionandtheStandardofLiving.html |website=Econlib}}</ref>

There is also the biological standard of living, which pertains to how well the human biological organism fares in its socio-economic environment.<ref>{{Cite web |last1=Komlos |first1=John |last2=Baten |first2=Joerg |year=1998 |title=The Biological Standard of Living in Comparative Perspective |url=https://eh.net/book_reviews/the-biological-standard-of-living-in-comparative-perspective/ |access-date=2022-05-29 |website=eh.net |pages=236–249}}</ref> It is often measured by the height of a population.<ref>{{Cite journal |last1=Komlos |first1=John |last2=Coclanis |first2=Peter |year=1997 |title=On the 'Puzzling' Antebellum Cycle of the Biological Standard of Living: the Case of Georgia |url=https://econpapers.repec.org/paper/ehbkomart/9.htm |journal=Explorations in Economic History |volume=34 |pages=433–459|doi=10.1006/exeh.1997.0680 |url-access=subscription }}</ref>

The idea of a 'standard' may be contrasted with the [[quality of life]], which takes into account not only the material standard of living but also other more intangible aspects that make up human life, such as leisure, safety, cultural resources, social life, [[physical health]], environmental quality issues.<ref>{{cite web |author=Investopedia Staff |title=Standard of Living Definition |url=https://www.investopedia.com/terms/s/standard-of-living.asp |website=Investopedia |language=en}}</ref>