Standard of Living and Quality of Life

Standard of Living

A certain socioeconomic class's access to wealth, comfort, material goods, and necessities in a specific location is generally referred to as their "standard of living." The following elements are frequently considered when evaluating standard of living:

• Income,
• Quality and availability of employment,
• Class disparity,
• Poverty rate,
• Quality and affordability of housing Hours of work required to purchase necessities,
• Number of paid vacation days per year,
• Affordable access to quality health care,
• Quality and availability of education,
• Life Expectancy,
• Incidence of disease,
• Cost of goods and services,
• Infrastructure,
• National economic growth,
• Economic and political stability,
• Political and religious freedom,
• Environmental quality,
• Safety,
• Climate.

Quality of Life

Quality of life is more individualized and elusive. The following are some variables that can be used to gauge quality of life:

• Freedom from slavery and torture.
• Equal protection of the law.
• Freedom from discrimination.
• Freedom of movement.
• Freedom of residence within one's home country.
• Presumption of innocence unless proved guilty.
• Right to marry.
• Right to have a family.
• Right to be treated equally without regard to gender, race, language, religion, political beliefs, nationality, socioeconomic status and more.
• Right to privacy.
• Freedom of thought.
• Freedom of religion.
• Free choice of employment.
• Right to fair pay.
• Equal pay for equal work.
• Right to vote.
• Right to rest and leisure.
• Right to education.
• Right to human dignity.